Regulation cannot be like the unknown civilization in The Three-Body Problem, firing shots from the shadows. Regulation should step out, stand on the green field where rules are made public, and act as a transparent referee.

HSBC and Standard Chartered are poised to become the first licensed stablecoin issuers in Hong Kong. Bloomberg posted on X, highlighting the significance of this development in the region's financial landscape. The move comes as Hong Kong seeks to establish itself as a hub for digital currencies, aligning with global trends towards cryptocurrency adoption. The licensing of these major banks marks a pivotal step in Hong Kong's strategy to integrate stablecoins into its financial system. Stablecoins, which are digital currencies pegged to traditional assets like the U.S. dollar, offer a more stable alternative to other cryptocurrencies, reducing volatility and increasing trust among users. Hong Kong's decision to grant licenses to HSBC and Standard Chartered underscores the city's commitment to fostering innovation in the financial sector. This initiative is expected to attract more international players to the region, enhancing its reputation as a leading center for digital finance. The regulatory framework for stablecoins in Hong Kong is designed to ensure transparency and security, addressing concerns about the risks associated with digital currencies. By implementing robust guidelines, Hong Kong aims to protect investors and maintain the integrity of its financial markets. As the global financial landscape continues to evolve, Hong Kong's proactive approach to stablecoin regulation positions it as a forward-thinking leader in the digital currency space. The involvement of HSBC and Standard Chartered, two of the world's largest banks, further validates the potential of stablecoins to transform traditional banking practices.

Regarding recent reports that HSBC, Standard Chartered, and the local virtual asset trading platform OSL will be among the first batch of stablecoin licenses issued in Hong Kong, inquiries have been made through the Chinese subsidiaries of HSBC and Standard Chartered, but neither has yet provided a direct response. However, an insider at one of the foreign banks revealed, "We are still awaiting official news from regulators." (Cailian Press)

The Society of Indian Automobile Manufacturers (SIAM) has expressed concerns over the ongoing Middle East conflict, which could potentially disrupt supply chains. According to Jin10, SIAM noted that the geopolitical tensions in the region might impact manufacturing processes and exports. The organization emphasized the need for the industry to remain vigilant and prepared for possible disruptions in the supply chain. The conflict's implications on global trade routes and logistics could pose challenges for the automotive sector, which relies heavily on timely and efficient supply chain operations. SIAM's statement underscores the importance of monitoring geopolitical developments and their potential effects on the industry.

Relations between Budapest and Kyiv have become increasingly strained. Bloomberg posted on X, highlighting the growing diplomatic tensions between the two nations. The recent developments have further complicated the already challenging relationship, with both sides expressing dissatisfaction over various issues. The situation continues to evolve, with potential implications for regional stability.

MetaComp, a Singapore-based licensed stablecoin cross-border payment and fund management service provider, announced the completion of its Pre-A+ funding round. The round was led by venture capital firms including Alibaba and Spark Venture, with participation from existing shareholders. 100Summit Partners served as the exclusive financial advisor. This brings the company's total funding to $35 million in two rounds within three months (including a $22 million Pre-A round in December). The new funds will accelerate the expansion of its StableX network in high-growth regions such as Asia, the Middle East, Africa, and Latin America, and expand its AI strategy by developing an Agent-Skills-MCP (Model Context Protocol) architecture to support agent-based Web 2.5 payments and wealth management services. (PRNewswire)

The United States and India are approaching a crucial phase in finalizing a significant agreement on critical minerals, according to Jin10. The U.S. Ambassador to India highlighted the importance of this agreement in strengthening bilateral ties and enhancing cooperation in the strategic minerals sector. This development comes amid growing global demand for critical minerals, which are essential for various industries, including technology and renewable energy. The agreement is expected to bolster both countries' efforts in securing a stable supply chain for these vital resources. Further details on the agreement's specifics and potential impacts on the global market are anticipated as negotiations progress.

1. Trump: Everything in Iran is being destroyed; 2. US Treasury sanctions individuals and entities involved in North Korean IT worker fraud network; 3. Binance to list KAT with seed tag; 4. The person who lost $50 million in a single cryptocurrency trade due to slippage is suspected to be Garrett Jin; 5. 10x Research: Bitcoin's recent strength is mainly driven by market positioning structure and has little to do with the Middle East conflict; 6. Vitalik Buterin: FLI cashed out approximately $500 million from his donated SHIB; 7. Polymarket removes weather forecasts related to Hong Kong; 8. A newly created wallet withdrew 2 million Trumps from Binance, worth $5.94 million; 9. BitMex: The 20 millionth Bitcoin has been mined, and institutional funds returning to drive BTC up 8.09%; 10. US Senate Majority Leader says the Clarity Act is not expected to pass before April.

In response to community concerns regarding the X platform's alleged unwarranted banning of a large number of legitimate users, Nikita Bier, X's product manager and Solana consultant, stated that the issue stemmed primarily from a glitch in the newly launched spam filtering system. Approximately 99% of the mistakenly banned accounts have been reinstated. Within about 12 hours, the new anti-spam filter incorrectly flagged some legitimate accounts as spam, causing a small number of users to temporarily lose access to their accounts. With the continuous advancement of AI technology, spam has become one of the biggest risks facing platforms. The X platform is continuously increasing its investment in and upgrading of anti-spam tools. While the system generally boasts a high accuracy rate, this vulnerability resulted in a small number of users temporarily losing access.

Goldman Sachs projects that Brent crude oil will average over $100 per barrel in March and $85 per barrel in April. According to NS3.AI, the financial institution anticipates a gradual decline in Brent crude oil prices, expecting them to reach the lower end of the $70 per barrel range later this year.

The United States has issued a call for its citizens residing in the United Arab Emirates to contemplate leaving the country, even as flights continue to operate normally. According to Jin10, this advisory comes amid unspecified concerns, prompting the U.S. government to take precautionary measures. The situation remains fluid, and U.S. citizens are encouraged to stay informed about any developments that may affect their travel plans. The advisory underscores the importance of being prepared for potential changes in the operational status of flights and other travel-related factors.

South Korea’s National Tax Service is building an AI-powered system to track cryptocurrency transactions and detect potential tax evasion. The platform, costing around $2 million, will be ready by December 2026 to support a new tax on crypto profits starting January 2027.

It's not that crypto needs AI, but rather that AI agents need crypto even more.

A crypto trader lost almost $50 million after swapping $50 million USDT for AAVE on the Aave interface, receiving only 324 tokens due to extreme slippage. The trade triggered warnings beforehand, but the user confirmed it, and the transaction executed as requested with no hack or protocol error.

Donald Trump’s official Solana-based meme coin, Official Trump (TRUMP), briefly jumped more than 10% on Thursday after the project announced a second exclusive in-person event for top token holders — despite criticism surrounding the first gathering.

AI hasn't destroyed tech jobs; it's merely changed the core logic of hiring and layoffs. Bitcoin continues to reflect this change through three main channels: market relevance, liquidity environment, and interest rate expectations.

This cycle marks the first time that Bitcoin's self-correction has become insufficient to sustain the industry. The shift towards artificial intelligence in the Bitcoin mining industry is a genuine trend, and only teams with high-quality mining farms, sound balance sheets, and strong execution capabilities can complete this fundamental transformation.

Forbes estimates Changpeng Zhao’s net worth at $110 billion, surpassing Bill Gates, driven by Binance’s rising value and market dominance.

The next major bull market for Bitcoin may start from a most unexpected and unrelated area: the private lending market.

Jinse Finance launches its cryptocurrency and blockchain industry daily news report, "Jinse Morning 8," issue 2994, providing you with the latest and fastest news on the digital currency and blockchain industry.