"Stablecoin Regulation Draft Passed! How Will Compliance Reshape the Market Landscape?"


On May 21, 2025, the Hong Kong Legislative Council officially passed the stablecoin bill, marking a new stage in the development of Web3 and virtual assets in Hong Kong. That evening at 20:30, a Space event co-hosted by Web3Labs, MetaEra, and Techub News was held, focusing on the theme "The Stablecoin Ordinance Draft Has Passed! How Will Compliance Reshape the Market Landscape?" The event featured three special guests – National Committee Member and Chairman of the Hong Kong Legislative Council's Web3 and Virtual Assets Development Subcommittee, Wu Jiezhuang, Web3Labs.

According to a TechFlow report on May 21, as reported by Bitcoin Magazine, BlackRock's Bitcoin Spot ETF has entered the top five ETF products by net inflow of funds since 2025.

The U.S. Securities and Exchange Commission (SEC) has filed serious charges against Unicoin Inc., a New York-based company, and three of its top executives. The agency claims the company deceived more than 5,000 investors by selling so-called “Rights Certificates” that were supposed to later

ETH upgrade RWA, cooking, DeFi giants join together for exclusive Lego time, thoughts on DeFi in the past week:
1/ ETH has risen sharply in the last half month, coinciding with the upgrade of Pectra (1) Personally, I think the rise has something to do with this, but it is not dominant (2) It is more of an excessive fud, and there is also an expectation that ETF pledge will pass (3) Previously, the ETH/BTC exchange rate has approached the lowest point However, the content of this upgrade is still very worth a look, and it is a bit long to expand, and it has been summarized and sorted out to gitbook
2/ The DeFi Giants Unite: Aave Uniswap
Aave plans to launch Uniswap V4 Hook, supporting Uni V4 LP collateralized borrowing of GHO, this plan requires from Uniswap

The cryptocurrency market is experiencing a surge with Bitcoin and Ethereum reaching new highs. Memecoin Official Trump (TRUMP) has gained momentum ahead of the "Trump Dinner" event, with potential for further upside as bullish signals emerge from technical analysis. Upside targets include $16.43, $17.80, and $22.80, with the dinner event likely to impact price action. TRUMP is currently in a technically bullish position, awaiting a breakout retest.

Haliey Welch admitted to trusting wrong people and lacking proper education in crypto, leading to the FBI and SEC investigating her HAWK memecoin. Launching a memecoin without knowledge resulted in regrets and let down for her fans. It highlights the risks involved in memecoin trading and emphasizes caution.

XRP futures on CME saw strong initial trading, signaling institutional interest. Potential for a spot XRP ETF approval is discussed. Price stable at $2.38, while technical analysts see bullish signs for XRP's future. Excitement surrounds XRP's evolution with increasing institutional involvement and positive technical indicators, potentially leading to a spot ETF launch.

New York, NY, May 21st, 2025, Chainwire
Chillonic, the pioneering NFT project built on Sonic’s high-performance SVM infrastructure, today announced the launch of its innovative NFT collection featuring the groundbreaking Chill-404 Protocol. This revolutionary technology bridges the gap between

Hong Kong's Stablecoins Bill mandates HKMA licenses for stablecoin issuers, ensuring AML compliance and reserve backing. Only licensed firms can advertise stablecoins, promoting a secure digital asset ecosystem.

Bitcoin is approaching its all-time high of $110,000, with a market cap of $2.11 trillion. Recent price surges and increased institutional interest signal potential for further gains. Analysts are optimistic, predicting prices could reach $120,000.

Blackstone, the largest alternative asset manager in the world, has taken a significant step in the crypto sector, marking a change of course from its historical prudence towards digital assets
According to a document filed on May 20 with the United States Securities and Exchange Commission

The SEC has extended the review period for XRP and Dogecoin ETF proposals from 21Shares and Grayscale.
Public commentary is now open as the SEC assesses legal and policy aspects of crypto-based ETF filings.
The Bitwise Ethereum ETF staking proposal review deadline is extended to July 6, 2025, for