Innovative Battery Production Shores Up Energy Efficiency

PANews reported on October 29th that, according to AASTOCKS, Hong Kong Secretary for Justice Lam Ting-kwok stated that virtual asset trading is becoming increasingly active, with most transactions conducted through virtual asset trading platforms. Many investors deposit virtual assets on these platforms to earn returns. In recent years, digital assets pegged to fiat currencies, known as "stablecoins," have rapidly emerged. Anyone issuing fiat currency stablecoins in Hong Kong or claiming to be pegged to the Hong Kong dollar must apply for a license from the Monetary Authority of Hong Kong. Such individuals must comply with regulations regarding reserve asset management and redemption, including properly segregating client assets and maintaining sound stability mechanisms.

Hedera, Solana and Litecoin struggled to gain momentum following the debut of their first spot exchange-traded funds on Wall Street on Tuesday.read more

PANews reported on October 29th that Stable, a Layer 1 stablecoin project, announced on the X platform that the second phase of its pre-deposit campaign will launch next week. Stable also stated that this campaign will include restrictions such as a 24-hour countdown, a fixed total deposit limit, single wallet deposit limits, and personal wallet requirements. According to previous news, only 274 addresses successfully participated in the first phase of Stable's pre-deposit of US$825 million.