On August 1, 2025, Hong Kong's "Stablecoin Ordinance" will officially come into effect, marking the implementation of the world's first comprehensive regulatory framework for fiat-backed stablecoins. This article interprets the regulatory policies of the Hong Kong Monetary Authority (HKMA), guiding retail investors on how to hold stablecoins in compliance and comparing regulatory differences between Hong Kong, Singapore, and the US to reveal market opportunities and challenges. Core Points of...

On August 1, 2025, Hong Kong's "Stablecoin Ordinance" will officially come into effect, marking the implementation of the world's first comprehensive regulatory framework for fiat-backed stablecoins. This article interprets the regulatory policies of the Hong Kong Monetary Authority (HKMA), guiding retail investors on how to hold stablecoins in compliance and comparing regulatory differences between Hong Kong, Singapore, and the US to reveal market opportunities and challenges. Core Points of...

CEXs expanding into on-chain services isn’t just a defensive strategy—it reflects an active bet on the future of the crypto ecosystem. Authors: Chi Anh and Ryan Yoon, Tiger Research Compiled by: Deep Tide TechFlow SummaryStrategic Differentiation: Binance offers retail-focused on-chain services to lower barriers to Web3 entry. Bybit launched ByReal, an independent platform providing CEX-grade liquidity on-chain. Coinbase adopts a dual-track approach targeting both retail and institutional use...

CEXs expanding into on-chain services isn’t just a defensive strategy—it reflects an active bet on the future of the crypto ecosystem. Authors: Chi Anh and Ryan Yoon, Tiger Research Compiled by: Deep Tide TechFlow SummaryStrategic Differentiation: Binance offers retail-focused on-chain services to lower barriers to Web3 entry. Bybit launched ByReal, an independent platform providing CEX-grade liquidity on-chain. Coinbase adopts a dual-track approach targeting both retail and institutional use...

Leveraging their respective strengths, the two parties will build an efficient and scalable on-chain asset platform, bridging traditional finance (TradFi) and decentralized finance (DeFi) while promoting industry compliance, standardization, and institutionalization. Asia's leading digital asset financial services group, HashKey Group ("HashKey"), has announced a strategic investment in fintech company Asseto Holdings Limited ("Asseto"). This collaboration marks a deep partnership in the fiel...

Leveraging their respective strengths, the two parties will build an efficient and scalable on-chain asset platform, bridging traditional finance (TradFi) and decentralized finance (DeFi) while promoting industry compliance, standardization, and institutionalization. Asia's leading digital asset financial services group, HashKey Group ("HashKey"), has announced a strategic investment in fintech company Asseto Holdings Limited ("Asseto"). This collaboration marks a deep partnership in the fiel...

The core mechanism of Robinhood's stock tokens lies in its unique custody and mapping methods. Recently, US-listed company Robinhood and crypto exchanges like Kraken have successively launched stock token businesses. Follow XinGPT Research to explore what stock tokens are and why they are worth market attention. Robinhood Leads the Stock Token Innovation Trend Fintech giant Robinhood recently launched its highly anticipated stock tokens in the EU market, aiming to provide European users with ...

The core mechanism of Robinhood's stock tokens lies in its unique custody and mapping methods. Recently, US-listed company Robinhood and crypto exchanges like Kraken have successively launched stock token businesses. Follow XinGPT Research to explore what stock tokens are and why they are worth market attention. Robinhood Leads the Stock Token Innovation Trend Fintech giant Robinhood recently launched its highly anticipated stock tokens in the EU market, aiming to provide European users with ...