Foresight News 消息，据香港新闻网报道，香港《稳定币条例》将于 8 月 1 日生效，届时香港金管局将开始接受牌照申请，目前香港金管局已经就落实《稳定币条例》具体指引启动市场咨询，争取尽快订立指引。此外，香港金管局还宣布正在牵头二十国集团（G20）辖下金融稳定理事会对《全球加密资产活动监管框架》在全球各地实施情况的检讨工作。

<p>Foresight News 消息，据香港新闻网报道，香港《稳定币条例》将于 8 月 1 日生效，届时香港金管局将开始接受牌照申请，目前香港金管局已经就落实《稳定币条例》具体指引启动市场咨询，争取尽快订立指引。此外，香港金管局还宣布正在牵头二十国集团（G20）辖下金融稳定理事会对《全球加密资产活动监管框架》在全球各地实施情况的检讨工作。</p>

香港金管局就落实《稳定币条例》具体指引启动市场咨询

According to Foresight News, based on Hong Kong news network reports, the Hong Kong "Stablecoin Regulation" will take effect on August 1st. At that time, the Hong Kong Monetary Authority will begin accepting license applications. Currently, the Hong Kong Monetary Authority has initiated market consultation on specific guidelines for implementing the "Stablecoin Regulation", aiming to establish guidelines as soon as possible. Additionally, the Hong Kong Monetary Authority has announced that it is leading a review of the implementation of the "Global Crypto Asset Activity Regulatory Framework" in various regions under the Financial Stability Board of the G20.

<p>According to Hong Kong News Network, Foresight News reports that the Hong Kong Stablecoin Regulation will take effect on August 1st. At that time, the Hong Kong Monetary Authority will begin accepting license applications. Currently, the Hong Kong Monetary Authority has initiated market consultation on specific guidelines for implementing the Stablecoin Regulation, aiming to establish guidelines as soon as possible. Additionally, the Hong Kong Monetary Authority has announced that it is leading a review of the implementation of the "Global Crypto Asset Activity Regulatory Framework" in various regions under the Financial Stability Board of the G20.</p>

Hong Kong Monetary Authority launches market consultation on specific guidelines for implementing the Stablecoin Ordinance

Source: Galaxy Research; Translation: Jinse Finance xz
Bitcoin's closing price in 2025 is expected to be roughly the same as the level at the beginning of the year.
The cryptocurrency market experienced a genuine bullish wave in the first ten months of this year. Regulatory reforms continued to advance, ETFs continued to attract funds, and on-chain activity became increasingly active. Bitcoin hit an all-time high of $126,080 on October 6th.
However, the market failed to deliver the expected breakthrough after the initial frenzy; instead, it experienced rotation, repricing, and rebalancing. This was driven by factors such as unmet macroeconomic expectations, a shift in investment narratives, leveraged margin calls, and massive...

Galaxy: 26 Predictions for the Crypto Market in 2026

Tom Lee is a strong bullish voice on Bitcoin and Ethereum, but Fundstrat, the Wall Street financial strategy fund he's backed by, has a significantly different view [...]
<CryptoQuant: Tom Lee is strongly advocating for a bullish market! But his own fund Fundstrat contradicts him because of his "sell- BlockTempo research stance"> This article was originally published on BlockTempo, the most influential blockchain ABMedia media.

CryptoQuant: Tom Lee strongly advocates for a bullish market! But his own fund, Fundstrat, contradicts him with its "sell-side research stance."

This year has been one of significant successes for privacy-centric altcoins, echoing the optimism of past bull markets. A standout is the Zcash Foundation’s introduction of substantial updates throug...