Hong Kong will implement stablecoin regulatory regulations in August 2025, aimed at promoting digital finance development and attracting institutional investors. 10 trading platform licenses have been issued, with another 8 under review. In addition, this regulatory framework will enhance investor confidence and support innovation in the stablecoin and Decentralized Finance markets.

Mustafa Al-Bassam, co-founder of Celestia, stated that despite the FUD surrounding Celestia in the market, the team remains enthusiastic, with over $100 million in funding reserves, ready for long-term development. He emphasized that market fluctuation is a normal phenomenon.

The military conflict between Israel and Iran has caused panic in the global markets, particularly with a sharp decline in Bitcoin prices. However, the establishment of a ceasefire protocol has led to a quick market recovery, with Bitcoin once again attracting capital inflows, demonstrating its characteristic as a "global risk sentiment barometer." Although the short-term outlook is optimistic, investors still need to follow geopolitical and macroeconomic variables.

According to the documents submitted to the SEC on Monday (, Jen-Hsun Huang, the CEO of Nvidia, sold 100,000 shares of Nvidia stock between June 20 and June 23, with a total value of $14.4 million. Huang's selling activities were part of a 10b5-1 plan announced by Nvidia in March, which is expected to generate over $800 million in revenue for Huang this year.
Jen-Hsun Huang has entered the ranks of the world's top 12 billionaires, largely thanks to NVIDIA's stock.
According to the Bloomberg Billionaires Index, Jen-Hsun Huang is the 12th richest person in the world, with a net worth of $126 billion, almost entirely composed of Nvidia stock. According to this index, the CEO has sold over $1.9 billion in Nvidia stock.
Jen-Hsun Huang's pre-arranged trading plan involves billionaires and

The Iran-Israel conflict has caused significant volatility in U.S. stocks, but Bitcoin's 60-day volatility is less than S&P 500, highlighting that the market structure has changed due to long-term holders and institutional funds. (Synopsis: Dialogue with Dragonfly Partner: Circle goes public, redefining the valuation expectations of crypto companies) (Background supplement: The female stock god sold Circle for three days to cash out 240 million magnesium, and the market value of CRCL has approached 95% of USDC issuance) War conflicts heat up, Bitcoin is the calmest? In June, the conflict between Iran and Israel escalated, and US President Donald Trump launched the first air strikes against Iran in nearly half a century. While the Dow Jones and Nasdaq were violently shaken, Bitcoin (BTC), known for its high volatility, unexpectedly remained calm, triggering a discussion about whether Bitcoin is moving towards a mature asset. Iranian Foreign Minister: No ceasefire agreement has been reached, Israel Da

On 23 June, Eddie Yue, Chief Executive of the Hong Kong Monetary Authority (HKMA), published an article titled "The Sound and Sustainable Development of Stablecoins". Eddie Yue said that Hong Kong's Stablecoin Ordinance ("the Ordinance") will come into effect on August 1, when the Hong Kong Monetary Authority will start accepting licence applications. Yue Eddie Man said that the Ordinance further improves the regulatory framework for digital asset activities in Hong Kong to safeguard monetary and financial stability, and consolidate and enhance Hong Kong's status as an international financial center.
Yu Weimen admitted that while he is pleased to see public interest in stablecoins, he also wants to cool down the enthusiasm for stablecoins so that everyone can view them more objectively and calmly. He stated that considering stablecoins are relatively new products, the risks involved in issuing them, the protection for users, and the market's capacity and long-term development, the licensing has a relatively high threshold. The Hong Kong Monetary Authority expects that in the initial stage, at most only a few licenses will be granted. Licensed stablecoin issuers must have real and tangible.

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Nick Timiraos, a reporter for The Wall Street Journal known as the mouthpiece of The Federal Reserve (FED), specifically pointed out that Powell is in a difficult situation, facing Trump's demand to drop the Intrerest Rate by 1% to 2%, with some Fed officials already agreeing, putting Powell in a dilemma. (Background: Animoca Brands is collaborating with Standard Chartered Bank and HKT to prepare for the issuance of a Hong Kong dollar stablecoin, targeting cross-border payments.) (Supplementary Background: A comprehensive interpretation of Hong Kong's "Stablecoin Regulation": from definitions, regulatory framework, application qualifications to market impact.) Washington is once again witnessing the tug of war between the White House and The Federal Reserve (FED), with President Trump publicly naming Chairman Powell multiple times since April, demanding that the current 4.3% federal funds rate be dropped to 1-2%. The main reason behind this is to "ease the increasingly burdensome federal debt load." Trump has repeatedly pressured through social media platforms and press conferences, accusing The Federal Reserve (FED) of "slowing down the economy." The debate over interest rate cuts continues among the central bank.

Dogecoin continues to fall, and cryptocurrency analyst Kevin (@Kev\_Capital\_TA) warns that the worst may still be ahead. Citing a previous bearish pattern, Kevin emphasized over the weekend that Dogecoin's Head and Shoulders pattern—identified nearly two weeks ago—is rapidly approaching.

According to Deep Tide TechFlow news on June 24, as reported by Cryptonews, U.S. Democratic Senator Adam Schiff from California introduced a bill called the "COIN Act" (Countering Official Income and Non-Disclosure Act) on Monday, which would prohibit the U.S. President, Vice President, and their immediate family members from engaging in crypto assets-related business activities during their term.
The bill proposes to strictly prohibit the issuance, sponsorship, or endorsement of any form of Crypto Assets, including meme coins, non-fungible tokens, and stablecoins. The bill also requires the disclosure of sales of digital assets exceeding $1,000, with violators facing civil penalties equivalent to the amount of profit and up to five years in prison.
Schiff directly linked the proposal to President Trump's cryptocurrency transactions. According to financial disclosures released last Friday, Trump in 2024

Visa supports the "U.S. Stablecoin Innovation and Establishment Act" passed by the U.S. Senate, believing that stablecoin legislation is an important milestone in the payment field, but scaling faces challenges. Visa points out that stablecoins need to have three essential elements: technology, reserves, and interfaces, and plans to address interface issues through services.