Good news from Hong Kong:

💥On December 6, 2024, the Hong Kong government officially announced the 'Stablecoin Regulation Draft' and plans to submit it to the Legislative Council for the first review on December 18. This landmark legislation not only fills the regulatory gap for fiat-referenced stablecoins (Fiat-Referenced Stablecoins, FRS) but also marks a significant step for Hong Kong in balancing compliance and innovation in the global virtual asset space.

Hot News:

The strongest community construction of Bitcoin's strongest ecosystem BRC-20𝛑

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