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On July 30, Hong Kong fintech group Circle Coin announced the successful completion of its Series A2 funding round of nearly US$40 million, solidifying its leadership in building compliant stablecoin infrastructure in Hong Kong.
The 11th Blockchain Global Summit will be held at the Hyatt Shanghai. The theme of this summit is "Web3, Boundless", bringing together representatives of global regulatory agencies, industry giants and cutting-edge explorers.
Hong Kong's Stablecoin Ordinance will come into effect on August 1, and the Hong Kong Monetary Authority plans to publish a summary of the "Stablecoin Issuer Licensing Regime" next week (starting from July 28).