(Authorized reprint by author Sam Hui) Earlier this month, the Hong Kong Monetary Authority (HKMA) finally announced the recipients of Hong Kong's stablecoin licenses. Out of 36 applicants, only HSBC and Anchorpoint HK—a joint venture formed by Standard Chartered, HKT, and Animoca Brands—ultimately stood out. The initial approval rate was merely around 5%. The reaction from the Web3 community was quite calm, as this outcome was largely expected. This is not only a major regul

Introduction: The Collision of Two Parallel Universes Standing at the close of 2025 and looking back, the global financial system is undergoing a silent yet violent tectonic shift. On one side, the United States is attempting to "tokenize" dollar hegemony through the GENIUS Act , utilizing stablecoins to absorb massive amounts of national debt. On the other side, China is standing firm on its financial security baseline, erecting a "Digital Siege" to strictly prevent irregula

Beyond the headlines of Bitcoin's boom-and-bust cycles and the frenzied speculation of memecoins, there exists a stable and powerful cornerstone within the crypto world—Stablecoins. Their story is far less thrilling than other crypto assets, yet their importance is unparalleled. They serve not only as the "stable anchor" for trading but also as the "bridge" to the future economy. 1. The "USD" of the Crypto World: The Invisible Pillar If you trade on a crypto exchange, you wil

I. Why Should You Read This Article? On August 1, 2025, the Stablecoin Ordinance (Cap. 656) will officially come into effect, elevating...

Tuesday, January 14th, RigSec participated in the Family Office Fintech Association (FOFA)'s exclusive webinar, co-hosted by the...

Opening In this exclusive interview, we delve deep into a conversation with Vitalik Buterin, the founder of Ethereum, exploring the...

Sony recently launched the Sony Bank CONNECT app, actively participating in the Web3 domain. Despite current challenges in the global...