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HashKey Group Chairman Xiao Feng previously stated in an exclusive interview with Hong Kong Wen Wei Po that the issuance of the first batch of stablecoin licenses in Hong Kong is an important step for the local digital asset market. He pointed out that this move marks a further acceleration of Hong Kong's process of tokenizing fiat currency and fills a critical gap in the clearing and payment infrastructure of the digital financial system.In addition to serving cross-border payments and trade settlements, Hong Kong stablecoins will also play a core role as a medium for digital asset transactions. Xiao Feng suggested that, in the long run, their greater value lies in supporting micro, cross-border, and programmable payments between AI entities, and creating synergies with scenarios involving real-world assets (RWA) and on-chain clearing, helping Hong Kong occupy a more critical position in the global evolution of digital assets and digital financial systems.He also stated that HashKey's trading platform will adhere to the principles of openness and compliance, supporting stablecoin issuers and related products that meet regulatory requirements, and jointly promoting the healthy development of the ecosystem. Currently, HashKey is actively engaging in substantive cooperation discussions with licensed stablecoin issuers and welcomes stablecoin institutions planning to issue in compliance in Hong Kong to establish partnerships with them.As a core participant in Hong Kong's digital asset market, HashKey will leverage its existing licensed compliance system, fiat channels, and industry resources to support the trading launch of compliant stablecoins, liquidity support, payment scenario expansion, and the implementation of related application scenarios, promoting the orderly development of the industry ecosystem.

According to The Block, Galaxy Digital's annual report shows that the company recorded a net loss of approximately $241 million for the year, primarily affected by unrealized losses in digital assets and investment positions.Adjusted data indicates that the company achieved an EBITDA of approximately $216 million, with core operating business profitable under non-GAAP accounting standards. Among them, the digital asset business, which includes trading, lending, asset management, and staking services, recorded an adjusted gross profit of approximately $505 million. Following the release of the financial report, the company's stock price rose by over 11%.

The Office of Cybersecurity and Critical Infrastructure Protection (OCCIP) of the U.S. Department of the Treasury announced a new initiative today aimed at strengthening cybersecurity in the digital asset industry.This initiative will provide timely, actionable cybersecurity information to eligible U.S. digital asset companies and industry organizations, helping them better identify, prevent, and respond to cyber threats targeting their customers and networks. This action implements an important recommendation from the President's Working Group on Financial Markets in the report "Enhancing the U.S. Leadership in Digital Financial Technology."

According to Bloomberg, Hong Kong Mortgage Corporation Limited plans to raise up to HKD 12 billion (USD 1.5 billion) through its first issuance of digital bonds, which could become the largest issuance of such bonds in history. Hong Kong Mortgage Corporation is a financial services provider owned by the Hong Kong government, with total assets of approximately HKD 221.8 billion.Insiders revealed that Hong Kong Mortgage Corporation is expected to start marketing multi-currency digital bonds denominated in Hong Kong dollars and offshore renminbi as early as next month. This debt instrument, which utilizes blockchain technology in the issuance, trading, and settlement phases, not only shortens settlement times and reduces costs but also accelerates scalability.

Gobi Partners announced an investment in Transak. Founded in 2019, Transak provides fiat and digital asset exchange capabilities through a single API for financial institutions, unifying KYC, AML, risk monitoring, and local payment integration.This investment aims to support Transak in expanding into the Asian market. Transak has established its Asia-Pacific headquarters in Hong Kong and plans to deepen integration with payment networks and banking partners in the ASEAN region.

The digital asset trading platform Gate has announced the launch of a digital Pre-IPOs participation mechanism, and the Pre-IPOs market reservation portal is now open. The platform will publicly issue digital stocks, allowing users to subscribe directly using stablecoins within the platform, without the need for complex processes or high capital thresholds, giving more ordinary users the opportunity to participate in high-quality Pre-IPOs projects.Gate has taken the lead in laying out digital stocks and TradFi trading zones, and has introduced various traditional assets such as stocks, indices, foreign exchange, and commodities into its product lines including spot and contracts, placing its comprehensive strength at the forefront of the industry.In the future, Gate will continue to enrich the types of assets on the platform, optimize user experience and participation pathways, provide users with more diverse and convenient investment options, and enhance the flexibility and efficiency of global asset allocation.

U.S. Treasury Secretary Scott Bessenet wrote that the United States has long dominated global financial market regulatory standards, but this leadership is not a given. He urged Congress to pass the Clarity Act as soon as possible to establish a clear regulatory framework for digital assets.Bessenet cited data indicating that the global market value of digital assets has fluctuated between $2 trillion and $3 trillion over the past year, with about one-sixth of Americans holding some form of digital asset. The application of blockchain technology in payments, settlements, and physical asset exchanges continues to expand. He emphasized that cryptocurrency is no longer a niche experiment but a technology widely adopted globally, and the U.S. must take proactive measures to continue leading in the formulation of rules in this field.

The ruling Democratic Party of Korea proposed the "Basic Law on Digital Assets" this Wednesday, aiming to establish a comprehensive legal framework for the issuance, trading, custody, and supervision of digital assets.The bill categorizes value-related digital assets, such as stablecoins linked to fiat currency or real assets, as a special category, requiring issuers to obtain authorization and meet strict standards such as capital thresholds, reserve plans, and redemption obligations. In addition, the bill will introduce a licensing, registration, and information disclosure system for digital asset businesses, prohibit improper behaviors such as market manipulation and insider trading, and propose the establishment of a Digital Asset Committee to coordinate policy.

According to market news, six Swiss banks, including Switzerland's largest bank UBS, plan to test a digital version of the Swiss franc in 2026 to explore its practical applications in real banking and financial scenarios.

According to BBX data, the recent global cryptocurrency market's true public disclosures show that the "coin hoarding consensus" among listed companies and the infrastructure of treasury management are steadily advancing. The core data is as follows:$330 million counter-cyclical increase: MicroStrategy (NASDAQ: $MSTR) recently submitted an 8-K filing confirming that it has purchased 4,871 BTC for approximately $330.7 million in cash (average price of about $67,868). Its total holdings have now reached 767,000 BTC, further solidifying its position as the world's largest corporate Bitcoin holder.Breakthrough in corporate treasury infrastructure: Ripple has officially launched the first enterprise treasury management system (TMS) with native digital asset capabilities. This system aims to address the cumbersome processes CFOs face in manual reconciliation and compliance auditing between traditional fiat currencies (connectable to over 500 banks globally) and digital assets.$1.2 billion institutional net inflow: Binance Research's latest market insights show that after experiencing consecutive outflows, the spot Bitcoin ETF recorded a net inflow of $1.2 billion in March, indicating that long-term institutional funds are undergoing structural accumulation of positions.1% treasury allocation bottom line: Charles Schwab's latest research report points out that even if a company or portfolio allocates only 1% to 3% of Bitcoin, its extreme volatility can profoundly reshape the risk exposure of the balance sheet under market pressure.

The Nasdaq-listed Ethereum treasury company Bit Digital released a monthly report, disclosing that the company holds approximately 155,444.4 ETH, with a market value of about $327 million based on a price of $2,104. In addition, Bit Digital also stated that the amount of ETH staked in March decreased to 96,322, accounting for about 62% of its total holdings, a move aimed at seeking other revenue opportunities and capital allocation plans.

According to Solid Intel, the central banks of France and South Korea are collaborating on a framework for tokenized cross-border payments and digital assets.

According to Onchain Lens monitoring, Bit Digital has staked 43,335 ETH through liquid_col, worth approximately 91.34 million USD.

According to Globenewswire, the Nasdaq-listed digital asset infrastructure company OFA Group announced a RWA tokenization service agreement with MD Queens Development, which will provide blockchain infrastructure support for a comprehensive development project in Long Island, New York, through its physical asset tokenization platform Hearth and will tokenize in the early stages of development.The related digital assets will represent the project SPV interests, rather than directly corresponding to the underlying real estate ownership. According to the agreement, OFA will receive a total of $15 million in funding, which will be paid in phases based on milestones.

Western Union announced the completion of its acquisition of the digital wallet Dash, which is owned by Singapore Telecommunications. This transaction gives Western Union its first digital wallet in the Asia-Pacific region and is an important part of its Beyond strategy.Founded in 2014, Dash has over 1.4 million users in Singapore and offers services such as bill payments, overseas remittances, savings, investments, and insurance. Western Union stated that integrating Dash will allow its customers in Singapore to connect more directly to its global network, which covers over 200 countries and regions. Vince Tallent, head of Western Union's Asia-Pacific region, stated that the combination of Dash's local customer base with Western Union's global network will help provide more seamless services. The specific amount of the transaction has not been disclosed.

Strategy founder Michael Saylor posted on the X platform, stating that a global consensus has formed that Bitcoin is "digital capital," and the market structure is undergoing a fundamental transformation. He believes that the traditional "four-year cycle" is no longer applicable, and Bitcoin's price will primarily be driven by capital flows.Michael Saylor also pointed out that the future banking system and digital credit will determine Bitcoin's growth path, while warning that the greatest risk comes from "iatrogenic" protocol changes driven by erroneous ideas, which could cause unnecessary disruption and damage to the network.

The National Internet Information Office has issued a notice soliciting public opinions on the "Management Measures for Digital Virtual Human Information Services (Draft for Comments)," aiming to strengthen the management of digital virtual human information services.It points out that from the start of digital virtual human services, digital virtual human service providers, service users, and service providers offering network information content dissemination services should continuously display a prominent indication containing the words "digital human" in the digital virtual human display area, in accordance with national regulations on labeling AI-generated synthetic content.