Japan's June Overtime Wage Year-on-Year

35+ Bitcoin Layer 2 Project Inventory: Exploring Innovative Projects and Technological Frontiers Now, with the rapid development of blockchain technology, Bitcoin is not only considered a digital asset, but its underlying technology is also constantly evolving and updating. As the Bitcoin ecosystem gradually expands, various Layer 2 solutions have emerged to improve the scalability, efficiency, and security of the Bitcoin network. This article will delve into numerous innovative Bitcoin Layer 2 projects, providing a detailed analysis of their technical principles, team history, funding status, and development roadmap, to understand how they promote innovation and development in the Bitcoin ecosystem. #BTC# #GateioInto11# #BitcoinGaranti# #Layer 2# #etherum # #ENAUSDT $ENA # #PEPE# #XRP# #CryptoSeminar# #CryptocurrencyEvent# #Web3# #Gate.io# #GateLiveAma #Gateio# #NewCoinsList#

#BABYGROK##BABYGROK#BABYGROK##BABYGROK##BABYDOGE##BABYGROK##pepe#BTC# Staking gets BNB and USDT Purchase a position of $100 💲 of BabyGrok Global VISA debit cards delivered to your doorstep, solving the difficulties of withdrawing funds from Chinese bank cards and card freezing. 【BabyGrok/GrokCat VISA Debit Card】 "Convert encryption currency into everyday currency - TechPacket" In the continuous development of digital finance, encryption currencies continue to open up new frontiers, aiming to bridge the gap between the digital and traditional financial worlds. BabyGrok, as a rising star in the field of encryption currency, has taken a significant step by introducing a debit card. This innovation is expected to enhance the practicality of BabyGrok coins, transforming them from digital assets into functional currency. But what does this mean for BabyGrok and its users? 【一、encryption货币的实用性概念】 Practicality is the key factor in determining the actual application of encryption currencies beyond pure speculation. A highly practical currency is one that users can spend, save, invest, or use to obtain services and products. For BABYGROK, the launch of a debit card amplifies its practicality by providing its holders with practical and everyday usability. 【2. How to enhance the practicality of debit cards】 1. Seamless consumption: The BabyGrok debit card allows users to directly use their encryption currency at millions of merchants worldwide, both online and offline. This seamless integration means that users no longer need to convert their encryption assets into fiat currency before shopping. 2. Instant Conversion: One important advantage is that the point of sale instantly converts BabyGrok coins to local currency. This feature ensures that users can use their encryption currency without worrying about exchange rates or conversion delays. 3. Financial Inclusiveness: By providing debit cards, BabyGrok has opened the door to financial services for people without bank accounts or insufficient banking services. Individuals who may not have access to traditional banking services can now use their digital assets to participate in the global economy. 4. Rewards and Incentives: Many debit cards for encryption currencies, including BabyGrok, come with reward programs. These may include shopping cashback, discounts, or earning extra BabyGrok coins to incentivize use and increase coin circulation. 5. Security and Control: Cryptocurrency debit cards typically offer stronger security features than traditional bank cards. Users can have longer control over their funds, such as instantly freezing the card via mobile application to prevent loss or theft. Impact on BabyGrok coin holders For BabyGrok coin holder, the debit card represents a significant leap in the availability and value proposition of the coin. It transforms the coin from a speculative asset to a practical financial tool, enhancing its appeal to current and potential users. 6. Increase adoption rate: The convenience provided by debit cards may promote the wider adoption of BabyGrok coin. Users who may hesitate to invest in encryption currency due to availability issues may now find it more attractive. 7. Market Stability: With the increase in practicality and adoption, BabyGrok can achieve greater market stability. As more and more long users use BabyGrok coins for spending and transactions, the demand for coins may increase, possibly leading to more stable coin value and a rising trend. 8. Enhanced Ecosystem: The introduction of debit cards has enriched the BabyGrok ecosystem. It has promoted partnerships with merchants, payment processors, and other financial service partners, creating a stronger and more interconnected network. The launch of the BABYGROK debit card marks a key moment in the cryptocurrency journey, significantly enhancing its practicality. By providing a practical and direct way to use BabyGrok coins for everyday transactions, the debit card bridges the gap between digital assets and traditional financial systems. For users, this means greater convenience, security, and opportunities, while for BabyGrok, it marks a step towards wider adoption and market relevance. As the world continues to embrace digital finance, innovations like BabyGrok debit cards are crucial for shaping the future of currency. ##RACA##RACA##RACA##RACA##RACA#LOL #RACA# #RACA# #RACA# #RACA# #RACA# #RACA# #RACA# #AVALOX# 🎈🎈🎈🎈🎈🎈🎈🎈🎈 🟥🟨🟩🟥🟨🟩🟥🟨🟩🟥🟨🟩🟥🟨🟩🟥🟨🟩🟥🟨🟩 # BTC# #ETH# #etc# #doge# #lunc# #ethw# #gomd# #xrp# #babydoge# #MASA# #DYP# #AMC# #hip# #red# #redtoken# #rem# #move# #oin# #samo# #cos# #asmatch# #flurry# #CORE# #BTC# #NADA# #ONDO# #SHİB# #DOGE# #WİF# #İQ50# #AVAX# #İCP# #FİL# #FLOKİ# #KAS# #watt# #gse# #Fora# #xeta# #eul# #meld# #fort# #ata# #hpb# #defiland# #PIGCOIN# #SMILE# #SLERF# #SOL# #BOME# #NADA# #IQT# #ONDO# #SHİB# #tron# #TRX# #BABYELON# #vt# #phone# #jenner# #nexg# #ruby# #game# #bacgames# #hippop# #myt# #elix# #wxm# #wlth# #hdro# #beer# #intx# #skai# #aptr# #pew# #ONDO# #ADF# #SLERF# #SOL# #BOME# #ZODI# #ONDO# #SHİB# #DOGE# #WİF# #İQ50# #AVAX# #İCP# #FİL# #SOL# #KAS# #PEPE# #NUUM# #SUİ# #ATS# #BABYDOGE# #KİSHU# #MASA# #DYP# #AMC# #hip# #red# #redtoken# #rem# #move# #oin# #samo# #cos# #asmatch# #flurry# #CORE# #BTC# #UNO# #SLERF# #SOL# #BOME# #NADA# #ONDO# #SHİB# #DOGE# #WİF# #İQ50# #AVAX# #vt# #phone# #jenner# #param# #cu# #mudai# #masa# #qubic# #vda# #NADA# #ONDO# #SHİB# #DOGE# #WİF# #İQ50# #AVAX# #İCP# #FİL# #FLOKİ# #KAS# #watt# #gse# #Fora# #xeta# #eul# #meld# #fort# #ata# #hpb# #defiland# #frog# #satoshi# #ttk# #logt# #vts# #rdex# #clips# #PEPE# #vt# #PIGCOIN# #SMILE# #SLERF# #SOL# #BOME# #NADA# #IQT# #ONDO# #SHİB# #HC# #WİF# #İQ50# #AVAX# #DAO# #İCP# #FİL# #FLOKİ# #tron# #TRX# #BABYELON# #taiko# #off# #BTC# #Eth# #SOL# #pepe# #ooki# #doge# #BTT# #Kas# #cfx# #BTSC# #Nada# #AIMX# #Rats# #Sats# #AiDoge# #Aısc# #VCI# #Smıle# #Grok# #BabyGrok# #BabyBonk# #floki# #POOH# #HMTT# #Never# #BabyElon# #ONDO# #Myro# #ZKF# #AISWAP# #Shib# #TROLL# #jasmy# #SNAP# #GROKCEO# #ISKY# #WAG# #ALY# #yesp# #PRMX# #PONKE# $ #UNFI# #PLANET# #RUNECOIN# #AGG# #ORNJ# #SPEC# #CANTO# #PACE# #AVALOX# #PHM# #NUTS# $ #ONDO# #ADF# #SLERF# #SOL# #BOME# #ZODI# #ONDO# #SHİB# #DOGE# #WİF# #İQ50# #AVAX# #İCP# #FİL# #SOL# #KAS# #PEPE# #NUUM# #SUİ# #ATS# #BABYDOGE# #KİSHU# #AİDOGE# #RNDR# #DC# #ORDİ# #ARB# #rtf# #crh# #exvg# #bonus# #vee# #wanko# #ez# #trio# #clh# #sync# #gm# #maneki# #ats# #popcat# #mew# #hbar# #akt# #floki# #velo# #mavia# #wıf# #kas# #bonk# #karrat# #nvg# #fat# #snk# #hdv# #caf# #fire# #BTC# #ETH# #SLERF# #SOL# #BOME# #NADA# #ONDO# #SHİB# #DOGE# #WİF# #İQ50# #AVAX# #İCP# #FİL# #FLOKİ# #KAS# #PEPE# #XRP# #SUİ# #BABYDOGE# #KİSHU# #AİDOGE# #RNDR# #BNB# #ORDİ# #ARB# #FTM# #SNAP# #NEAR# #ZBU# #BONK# #ADA# #RATS# #STX# #LTC# #GALA# #DOT# #ETC# #OP# #TON# #MATİC# #FLY# #ALT# #JASMY# #GROK# #FET# #FLUX# #PİXEL# #LUNA# #ARKM# #BCH# #CSPR# #TRX# #ZETA# #HBAR# #ATOM# #VANRY# #PEOPLE# #BSV# #BLUR# #MEME# #FLT# #CAKE# #FTT# #KDA# #MANTA# #RACA# #NEVER# #TROLL# #CHZ# #XLM# #SSV# #FLY# #ASTR# #AİTECH# #WEN# #FLUX# #TAO# #CRV# #AEVO# #ALGO# #METALDR# #UNİ# #ZETA# #JTO# #XRD# #ID# #NIBI# #AGI# #RBN# #1CAT# #SNX# #PORT3# #ENS# #GT# #VRA# #YOURAI# #COQ# #BRT# #MANTA# #BENDOG# #SAND# #BEAMX# #LIME# #TOMİ# #XCAD# #POLYX# #ORDS# #FRONT# #DYDX# #SGR# #NEVER# #YGG# #DNX# #MASK# #AR# #FCON# #PHA# #HFT# #MUBİ# # MOG# #HOOK# #THL# #OORT# #BCUT# #HNT# #BIGTİME# #PAAL# #LPT# #HGPT# #MAGİC# #SERSH# #VC# #SOLS# #VELO# #TURBO# #MPC# #ORN# #GPT# #AI# #NFE# #FAR# #DIONE# #GNGL# #CHELL# #NAKA# #AMPL# #USTC# #CAGA# #MOBİLE# #BONE# #NIZA# #LRC# #LUNC# #THETA# #GMT# #CHO# #ROSE# #JOE# #NEON# #IOTX# #XEN# #MEMETOON# #PEPE2# #KEY# #PENG# #ROA# #XCH# #VET# #AKT# #AWT# #DREP# #ZKF# #GFT# #PRIME# #CLORE# #CETUS# #POOH# #CGPT# #SKL# #DAO# #CYBER# #ALEX# #CTC# #PNT# #DODO# #ZRX# #DATA# #PORTAL# #FIDA# #MINA# #ZBC# #ATLAS# #OSHİ# #DYM# #ELON# #F3# #GFI# #PONKE# #WORK# #SUSHİ# #CEEK# #MANA# #PACE# #ACA# #HER# #DOGGO# #MPLX# #WAWES# #FTN# #BTT# #DUEL# #ML# #SPACE# #SLP# #CLV# #OOKİ# #BMD# #EGLD# #NOS# #MONG# #TURT# #MİLO# #ANKR# #PANDORA# #SYN# #SCA# #POLİS# #KSM# #RBT# #BAKE# #TOX# #WSB# #ORCA# #PEPE# #zerc # #nyan # # sqd # #people# #ena# #gala# #GateioInto11# #airtnt# #Avalox# #polydoge# #maga# #brett# #samo# #mon# #mdus# #egon# #param# #mudai# #cu# #BEAMX# #LİME# #TOMİ# #XCAD# #POLYX# #WORD# #FRONT# #DYDX# #SGR# #NEVER# #YGG# #DNX# #MASK# #AR# #FCON# #PHA# #HFT# #MUBİ# #MOG# #HOOK# #THL# #OORT# #BCUT# #HNT# #BİGTİME# #PAAL# #LPT# #HGPT# #MAGİC# #SERSH# #VC# # SOLS# #VELO# #TURBO# #MPC# #ORN# #GPT# #AI# #NFE# #FAR# #DİONE# #GNGL# #CHELL# #NAKA# #AMPL# #USTC# #CAGA# #MOBİLE# #BONE# #NİZA# #LRC# #LUNC# #THETA# #GMT# #CHO# #ROSE# #JOE# #NEON# #IOTX# #XEN# #MEMETOON# #PEPE2# #KEY# #PENG# #ROA# #XCH# #VET# #ACT# #AWT# #DREP# #ZKF# #GFT# #PRİME# #CLORE# #CETUS# #POOH# #CGPT# #SKL# #DAO# #CYBER# #ALEX# #CTC# #PNT# #DODO# #ZRX# #DATA# #PORTAL# #FİDA# #MİNE# #ZBC# #ATLAS# #OSHİ# #DYM# #ELON# #F3# #GFI# #PONKE# #WORK# #SUSHİ# #CEEK# #HOME# #PACE# #ACA# #HER# #DOGGO# #MPLX# #WAWES# #FTN# #BTT# #DUEL# #ML# #SPACE# #SLP# #CLV# #OOKİ# #BMD# #EGLD# #WE# #MONG# #TURT# #MİLO# #ANKR# #PANDORA# #SYN# #SCA# #POLİCE# #KSM# #RBT# #BAKE# #TOX# #WSB# # ORCA# #PEPE# #ADF# #GFI# #FARM# #ENA# #MEW# #SLERF# #CATCOİN# #WIF# #WEN# #KNFT# #EXVG# #caw# #mcg# #orng# #landwolf# #npc# #PİGCOİN# #HBAR# #ONDO# #ADF# #FAR# #BERRY# #taiko# #off# #ZEUS# #MASA# #FOXY# #KARRAT# #SATOSHİ# #CATGBT# #LOBO# #RUNECOİN# #BLENDR# #NAİ# #TRİO# #CREDİ# #TRUF# #COPYCAT# #WUF# #TX20# #PROPS# #VIZ# #BLAZE# #GAMES# #BCCOİN# #PRL# #APU# #ADF# #W# #SAGA# #TNSR# #MSN# #MANEKİ# #DOG# #SAFE# #mother# #BTC# #ETH# #SLERF# #SUN# #BOME# #NOTHING# #ONDO# #SHİB# #DOGE# #WİF# #İQ50# #AVAX# #İCP# #FİL# #FLOKİ# #KAS# #PEPE # #XRP# #SUİ# #BABYDOGE# #KİSHU# #AİDOGE# #RNDR# #BNB# #ORDİ# #ARB# #FTM# #SNAP# #NEAR# #ZBU# #BONK# #ADA# #RATS# # STX# #LTC# #GALA# #DOT# #ETC# #OP# #TON# #MATİC# #FLY# #ALT# #JASMY# #GROK# #FET# #FLUX# #PIXEL# #MOON# #ARKM# #BCH# #CSPR# #TRX# #ZETA# #HBAR# #tai# #cta# #knft# #fdt# #people# #cel# #vt# #phone# #jenner# #zex# #own# #scrat# #blast# #trala# #zelix# #near# #mog# #ethfi# #item# #drift# #dog# #gme# #spec# #safe# #bb# #not# #quboc# #bccoin# #rez# #msn# #don# #sqd# #blaze# #apu# #hnt# #mew# #gme# #mmtoon# #wuf# #pundu# #andyeth# #dogemob# #sats# #rats# #ordi# #mubi# #agix# #fet# #lime# #ocean# #her# #afi# #hgpt# #orai# #pendle# #token# #atr# #polyx# #fil# #ar# #akt# #theta# #ocean# #aioz# #lpt# #hnt# #flux# #polydoge# #maga# #brett# #samo# #tai# #cta# #knft# #fdt# #people# #cel# #mon# #mdus# #lki# #blast# #ulti# #beer# #jensol# #trala# #kkk# #floki# #fan# #fantoken#

Hong Kong releases Policy Declaration 2.0, aiming to build a global digital asset innovation center. On June 26, news came that the Hong Kong SAR government published the "Hong Kong Digital Asset Development Policy Declaration 2.0" (referred to as "Policy Declaration 2.0"), reiterating the government's commitment to making Hong Kong a global innovation center in the field of digital assets. The "Policy Declaration 2.0" proposes the "LEAP" framework, which includes optimizing legal and regulatory streamlining, expanding the suite of tokenised products, advancing use cases and cross-sectoral collaboration, and people and partnership development. The content of "Optimizing Legal and Regulatory" shows that the Hong Kong government is building a unified and comprehensive regulatory framework for digital asset service providers, covering digital asset trading platforms, stablecoin issuers, digital asset trading service providers, and digital asset custody service providers. The "Policy Declaration 2.0" clearly states that the Hong Kong Securities and Futures Commission (SFC) is the main regulatory body for digital asset trading service providers, responsible for licensing and registration matters, setting standards, optimizing regulatory processes, and reducing potential regulatory arbitrage under different digital asset regulatory frameworks; the Hong Kong Monetary Authority (HKMA) will serve as the frontline regulatory body for banks, overseeing their digital asset trading activities. In the section "Promoting Application Scenarios and Cross-Sector Cooperation," the "Policy Declaration 2.0" supports stablecoins and other tokenized projects, including exploring the use of stablecoins as a payment tool. The "Policy Declaration 2.0" points out that stablecoins provide a cost-effective alternative outside of traditional systems, with the potential to revolutionize payments, supply chain management, and capital market activities. The Hong Kong government will implement a regulatory framework for stablecoin issuers starting August 1, 2025, establishing relevant requirements for reserve asset management, stabilization mechanisms, redemption processes, and prudent risk management. The "Policy Declaration 2.0" shows that many enterprises involved in cross-border trade and settlement express strong interest in using stablecoins to reduce costs and expedite transaction processes. To fully leverage the potential of stablecoins, the government and regulatory authorities will provide a favorable market environment and necessary regulatory guidance to promote research and implementation plans by licensed stablecoin issuers in Hong Kong, addressing substantial pain points in economic activities. The Hong Kong government welcomes market participants to propose suggestions on how to experiment with and use licensed stablecoins, such as enhancing the efficiency of government payments. In addition, Cyberport will launch a pilot funding program for blockchain and digital assets to provide funding for applicant projects with future application potential, iconic status, and market influence. The following is the full text of the "Policy Declaration 2.0": Hong Kong Digital Asset Development Policy Declaration 2.0 Vision: To build a trusted and innovative digital asset center. The Hong Kong Special Administrative Region Government is committed to building Hong Kong into a global leading digital asset center—one that fosters innovation in a controlled risk environment, brings substantial benefits to the real economy and financial markets, and is a trustworthy market. The "Hong Kong Digital Asset Development Policy Declaration 2.0" ("Policy Declaration 2.0") published by the Financial Services and the Treasury Bureau ("FSTB") is a proactive response from Hong Kong to the ongoing evolution of the global digital asset market. Upholding the principle of "same business, same risks, same rules," the "Policy Declaration 2.0" aims to outline forward-looking strategies to empower industry development, promote inclusive finance, cultivate talent, while safeguarding investors and maintaining financial security, thereby consolidating Hong Kong's leading position as an international financial center. "LEAP": Towards the formation of a trustworthy, sustainable, and deeply integrated digital asset ecosystem in the real economy. Building on the measures proposed in the first "Policy Declaration" issued in October 2022, including establishing robust regulation, launching innovative products such as Exchange-Traded Funds ("ETFs") for digital asset trading, expanding investor channels through allowing retail participation, and initiating experimental projects such as green bond tokenization, Hong Kong is now ready to move towards the formation of a trustworthy, sustainable, and deeply integrated digital asset ecosystem with the real economy, referred to as "LEAP". The Securities and Futures Commission ("SFC") earlier announced the "ASPIRe" roadmap, aimed at guiding Hong Kong's digital asset ecosystem into the future amidst a changing environment, implementing a series of measures such as adaptive compliance and product frameworks (like derivative trading), to strike a balance between investor protection and market competitiveness. The "Policy Declaration 2.0" outlines the next phase of development, focusing on enhancing liquidity in digital asset trading and promoting a more diverse supply of digital asset products to strengthen Hong Kong's position as a global digital asset hub. The government and regulatory bodies also welcome quality digital asset service providers from around the world to participate in the market, to promote liquidity and healthy, orderly competition. In order to achieve this vision and goal, to create a digital asset ecosystem that is deeply integrated with the real economy and financial markets, and oriented towards the future, we propose a series of strategic policy directions and will implement corresponding measures. When formulating policy directions and measures, we strive to ensure they are not limited by current technologies and can adapt to the future development of digital assets while integrating into the real economy and financial system to achieve sustainable growth. These measures are framed by "LEAP", which stands for — ("L"egal and regulatory streamlining) optimizing laws and regulations, ("E"xpanding the suite of tokenised products) expanding the variety of tokenized products, ("A"dvancing use cases and cross-sectoral collaboration) promoting application scenarios and cross-departmental collaboration, and ("P"eople and partnership development) developing talents and partnerships, to create a trustworthy, innovative, and vibrant digital asset ecosystem that strengthens Hong Kong's leading position in the global financial landscape. ("L"egal and regulatory streamlining) optimizing legal and regulatory (a) Unified and comprehensive regulatory framework Based on the progress since 2022, the government will continue to collaborate with regulatory bodies and industry stakeholders to develop a comprehensive legal and regulatory framework governing digital assets, ensuring the sustainable and responsible development of Hong Kong's digital asset ecosystem. This system covers digital asset exchanges, stablecoin issuers, digital asset trading service providers, and digital asset custody service providers, with a focus on investor and consumer protection. The next major step is to conduct public consultations on the licensing mechanism for digital asset trading service providers and digital asset custody service providers to meet investor demands for high liquidity, large transactions, and secure custody of assets. The government proposes to designate the Securities and Futures Commission as the primary regulator for digital asset trading service providers, responsible for licensing and registration matters, setting standards, optimizing regulatory processes, and reducing potential regulatory arbitrage under different digital asset regulatory frameworks. The Hong Kong Monetary Authority ("HKMA") will act as the frontline regulator for banks, overseeing their digital asset trading activities. Similarly, the Securities Regulatory Commission will act as the main regulatory body for digital asset custody service providers, responsible for licensing and registration, as well as setting standards, while the Monetary Authority will serve as the frontline regulatory body for banks, overseeing their digital asset custody activities. This unified and comprehensive regulatory framework will enhance market credibility, promote broader digital asset activities and large transactions, and provide clear guidance for market participants. This framework will also support effective risk management and provide liquidity, ensuring the establishment of a balanced ecosystem to promote market innovation and safeguard investors. Regular reviews and close communication with stakeholders will be conducted to ensure the framework can adapt to technological and market developments. At the same time, Hong Kong will continue to implement international standards related to digital assets, including the International Organization of Securities Commissions' "Policy Recommendations on Crypto and Digital Asset Markets", the Financial Stability Board's "Global Regulatory Framework for Crypto Asset Activities", the Basel Committee on Banking Supervision's "Prudential Treatment of Crypto Asset Risks", and the Organisation for Economic Co-operation and Development's "Crypto Asset Reporting Framework" to promote tax transparency. (b) Review of Tokenization Laws and Regulations The tokenization of real-world assets and financial instruments provides opportunities for the integration of new technologies with traditional finance, which can drive economic activity and innovate the structure of financial markets, thereby enhancing efficiency, reducing costs, increasing transparency, and promoting investor participation. To fully harness these potentials, clear, explicit, and convenient legal and regulatory systems are essential. The Financial Services and the Treasury Bureau and the Monetary Authority will lead the review of the relevant legal and regulatory framework, referencing international experiences and practices to facilitate the further application of tokenization in Hong Kong. The initial phase of the review will focus on the bond market that has already passed the concept validation stage, and it is also expected to provide references for the tokenization of other real-world assets and financial instruments. A comprehensive review of the issuance and trading processes of tokenized bonds will be conducted, including but not limited to settlement, registration, and record-keeping requirements. During the review process, the government will collaborate with legal experts and industry stakeholders to ensure that the review outcomes and related improvement recommendations are practical and can meet future development needs, making Hong Kong a pioneer in this innovative field. (“E”xpanding the suite of tokenised products) Expanding the variety of tokenised products (c) Tokenization of government bonds issuance normalization The government has issued tokenized green bonds twice (with a total amount of approximately HKD 6.8 billion), proactively demonstrating the benefits of the tokenization scheme. Based on this, the government will regularize the issuance of tokenized government bonds and explore different currency and term arrangements, as well as other innovative options. The government aims to provide stable and high-quality digital bonds to the market through this initiative, further expanding accessibility and attracting a broader group of investors. To further leverage the advantages of tokenization, the Treasury and Monetary Authority will continue to communicate with industry experts to understand various market opinions, including those related to the inclusion of digital currencies to enhance trading efficiency, secondary market trading application scenarios, and further expanding investor participation in the local bond market. The government aims to establish a global benchmark by being the first to issue tokenized bonds and regularizing them, enhancing market confidence in this technology while encouraging adoption by both the public and private sectors. (d) Provide incentives for the tokenization of real-world assets and financial assets. Tokenization of real-world assets and financial market instruments can enhance the efficiency, accessibility, and potential liquidity of the Hong Kong market. The HKMA's Ensemble project (where the SFC is a major partner, jointly leading the participation of the asset management industry) actively encourages innovative application scenarios, including the tokenization of traditional financial products (such as money market funds and other funds) as well as the revenue streams from real-world assets (such as electric vehicle charging stations). The HKMA is exploring the establishment of Ensemble infrastructure to facilitate the settlement of interbank tokenized deposits, aiming to streamline processes and enhance liquidity. The London Metal Exchange (LME) has included Hong Kong as a licensed delivery location within its global warehouse network and approved warehouse operators in Hong Kong to store metals registered with the London Metal Exchange. To further develop the commodity trading ecosystem, the government encourages the market to apply tokenization and physical asset tracking technology in the warehousing program. Token creation technology can serve as an identification label for global warehouses, assisting in tracking metal assets and related data such as their sustainability, promoting Hong Kong's further integration into the global warehouse network. The government will intensify efforts to expand tokenization programs, promoting the tokenization of a wider range of assets and financial instruments, showcasing the diverse applications of this technology across different sectors, including precious metals (such as gold), non-ferrous metals, and renewable energy (such as solar panels). Currently, all exchange-traded funds (ETFs) listed on the Hong Kong Stock Exchange are exempt from stamp duty upon transfer. To promote the development of the tokenized market, the government will clarify that this exemption from stamp duty also applies to tokenized ETFs. Based on this exemption, the government welcomes market participants to explore the advantages of tokenizing ETFs, such as money market ETFs, including introducing them for secondary market trading on licensed digital asset trading platforms or other platforms. Looking ahead, the government will maintain an open attitude, considering factors such as fiscal impact and market development, to review the tax arrangements for the transfer of other Securities and Futures Commission-recognized funds through tokenization. The government will submit legislative proposals that will include specified digital assets under qualified transactions eligible for profits tax exemptions for privately offered funds and family investment control tools. If the proposals are approved by the Legislative Council, the tax exemptions will take effect from the 2025/2026 tax year. (“A”dvancing use cases and cross-sectoral collaboration) Promoting application scenarios and cross-departmental cooperation (e) Support stablecoins and other tokenized projects, including exploring the use of stablecoins as a payment tool. Stablecoins offer a cost-effective alternative outside the traditional system, with the potential to revolutionize payments, supply chain management, and capital market activities. The government will implement a regulatory framework for stablecoin issuers starting from August 1, 2025. This framework sets out proper requirements for reserve asset management, stabilization mechanisms, redemption processes, and prudent risk management, serving as the cornerstone for achieving the aforementioned vision. These regulatory requirements help ensure the stability and credibility of stablecoin issuance, enhancing their reliability for use both locally and internationally. Many enterprises engaged in cross-border trade and settlement express strong interest in using stablecoins to reduce costs and expedite transaction processes. To fully leverage the potential of stablecoins, the government and regulatory bodies will provide a favorable market environment and necessary regulatory guidance, promoting research and implementation of solutions by licensed stablecoin issuers in Hong Kong for various application scenarios to address substantial pain points in economic activities. To demonstrate the government's support and take a leading role, market participants are encouraged to propose suggestions on how the government can experiment with and utilize licensed stablecoins, such as to improve the efficiency of government payments. (f) Promote cooperation between regulatory bodies, law enforcement agencies, and technology providers. As a digital technology incubator in Hong Kong, Cyberport has been actively supporting tokenization projects in Hong Kong and providing a vibrant environment for startups to explore innovative fintech solutions through collaboration with the Monetary Authority on the Ensemble project. To further support the development of tokenization projects, Cyberport will collaborate with relevant stakeholders in the digital asset industry to leverage its incubation ecosystem for support, including business matching opportunities, technical support, industry expert guidance, and participation in accelerator programs related to digital assets and Web3. Startups and companies engaged in tokenization solutions will benefit from dedicated resources that enable them to experiment with innovative ideas and commercialize them. Cyberport will also launch a blockchain and digital asset pilot funding program to provide financial support for application projects with future application potential, iconic significance, and market impact. Beyond funding, Cyberport will also assist these companies and coordinate with relevant stakeholders to support the implementation of pilot projects as needed. The dedicated team of the Invest Hong Kong welcomes and is ready to support digital asset service providers in establishing and expanding their business in Hong Kong. Among the various support available, the Invest Hong Kong can help potential digital asset service providers connect with banks and different professional and support services, and facilitate their business establishment. The Hong Kong Exchanges and Clearing Limited has developed the first digital asset index in Hong Kong to provide investors with transparent and reliable price benchmarks for Bitcoin and Ethereum within the Asian time zone, supporting Hong Kong's development as a leading digital asset center in Asia. To maintain market integrity and enhance trust in the digital asset system, the government will encourage the development of digital asset infrastructure, including but not limited to various regulatory technology, cybersecurity, and monitoring solutions with local experience and deep regional expertise. These tools will strengthen Hong Kong's regulatory framework and capabilities, promoting the safe and sustainable development of digital assets. The government will promote cooperation among technology providers, regulatory agencies, and law enforcement agencies to optimize these solutions, ensuring they meet the specific needs of Hong Kong's digital asset ecosystem. (“P”eople and partnership development) Talent and Partner Development (g) Collaborate with market participants and universities to promote talent development. The government will continue to encourage training and talent development in the digital asset industry, with a particular focus on blockchain applications, artificial intelligence integration, and digital asset innovation, to cultivate local talent, attract global digital asset professionals to Hong Kong, and support the development of startups and financial institutions. The first talent list published in 2018 has included fintech professionals, including digital asset professionals from around the world. Next, Cyberport will assist the government in achieving this goal through relevant measures in Web3, blockchain, and artificial intelligence technology training, thereby creating a stable reserve of professional talent, continuously driving innovation, and contributing to the local digital asset industry. These measures include experience-sharing sessions and collaborations with global digital asset companies to provide cutting-edge knowledge to the talent pool. (h) Position Hong Kong as a center of excellence for knowledge sharing and promote collaboration with other jurisdictions. The government will promote strategic cooperation between universities and the industry to connect academic research with practical applications in the digital asset field. Joint research programs will focus on developing new blockchain applications, tokenization frameworks, monitoring, and AI-driven financial tools. By involving students in digital asset projects, these collaborations will cultivate a new generation of entrepreneurs, researchers, and technical experts, ensuring the continuous flow of creativity and expertise. By aligning academic achievements with industry needs, a sustainable talent pool will be established in Hong Kong to support the goals of digital asset development. The government will strengthen cooperation between regulatory agencies and law enforcement agencies, and coordinate the work of local regulatory agencies and law enforcement agencies to support the development of a transparent, safe, and resilient digital asset market. The government will also support and participate in international cooperation with regulatory agencies, including through relevant international organizations and by establishing memoranda of understanding with regulatory agencies and other government institutions in other jurisdictions, to achieve information sharing and regulatory cooperation in the field of digital assets. At the same time, the government will ensure cooperation between departments through existing high-level internal mechanisms. Summary: A future of integration, innovation, confidence, and opportunity The "Policy Statement 2.0" represents Hong Kong's determination to leap towards becoming a global leader in the digital asset space. Through a unified regulatory framework, legal and regulatory reviews, the regularization of tokenized government bond issuances, the tokenization of real-world assets and financial products, the promotion of stablecoin use cases, enhanced cooperation in regulation, and the advancement of international collaboration, the government is laying the groundwork for further innovation and market development. Combined with a thriving ecosystem supported by training and project assistance, collaboration between universities and industry, and digital asset infrastructure, Hong Kong will create significant benefits for the global real economy and financial markets. With the joint efforts of regulatory bodies, industry, and society, a future that integrates innovation, confidence, and opportunities will be built, leading Hong Kong to new frontiers in global digital asset leadership. Financial Services and the Treasury Bureau, Hong Kong Special Administrative Region Government, June 26, 2025 #BTC再创新高##BTC##ETH##PI# #PIJS#

“I reiterate that on the first day of my tenure, I will dismiss Gary Gensler.”

#BABYGROK# 【BabyGrok/GrokCat VISA debit card】 Transforming encryption currencies into everyday currencies - TechPacket In the continuous development of digital finance, encryption currency continues to open up new frontiers, aiming to bridge the gap between the digital and traditional financial worlds. BabyGrok, as a rising star in the field of encryption currency, has taken an important step by introducing a debit card. This innovation is expected to enhance the practicality of BabyGrok currency, transforming it from a digital asset into a functional currency. But what does this mean for BabyGrok and its users? 【1. The practical concept of encryption currency】 Utility is the key factor that determines the practical application of encryption currencies beyond pure speculation. A currency with high utility is one that users can spend, save, invest, or use to obtain services and products. For BabyGrok, the introduction of a debit card enhances its utility by providing practical and everyday availability for its holders. 【2. How to enhance the practicality of debit cards】 1. Seamless consumption: BabyGrok debit card allows users to directly use their encryption currency at millions of merchants globally, both online and offline. This seamless integration means users no longer need to convert their encryption assets into fiat currency before shopping. 2. Instant Conversion: One important advantage is that sales points instantly convert BabyGrok coins into local currency. This feature ensures that users can use their encryption currency without worrying about exchange rates or conversion delays. 3. Financial Inclusiveness: By providing a debit card, BabyGrok has opened the door to financial services for people without bank accounts or insufficient banking services. Individuals who may not have access to traditional banking services can now use their digital assets to participate in the global economy. 4. Rewards and Incentives: Many debit cards, including those of BABYGROK, come with reward programs. These may include shopping cashback, discounts, or earning extra BABYGROK coins, incentivizing usage and increasing the circulation of coins. 5. Security and Control: The cryptocurrency debit card typically offers stronger security features than traditional bank cards. Users can have more control over their funds, such as instantly freezing the card via a mobile app to prevent loss or theft for a long time. The impact on BabyGrok coin holder For BabyGrok coin holder, the debit card represents a significant leap in coin usability and value proposition. It transforms the coin from a speculative asset into a practical financial tool, enhancing its appeal to current and potential users. 6. Increase adoption rate: The convenience provided by debit cards may drive wider adoption of BabyGrok coin. Users who may have hesitated to invest in encryption currencies due to availability issues may now find it more attractive. 7. Market Stability: With the increase of practicality and adoption rate, BabyGrok can achieve greater market stability. As more and more long users use BabyGrok coins for spending and transactions, the demand for coins may grow, which may lead to more stable coin value and a rising trend. 8. Enhanced Ecosystem: The introduction of debit cards has enriched the BabyGrok ecosystem. It promotes partnerships with merchants, payment processors, and other financial service providers, creating a more powerful and interconnected network. The launch of BabyGrok debit card marks a key moment in the cryptocurrency journey, significantly enhancing its practicality. By providing a practical and direct way to use BabyGrok coins for everyday transactions, debit cards bridge the gap between digital assets and traditional financial systems. For users, this means greater convenience, security, and opportunity, while for BabyGrok, it marks a step towards wider adoption and market relevance. As the world continues to embrace digital finance, innovations like the BabyGrok debit card are crucial in shaping the future of currency. 2024/7/9##RACA##RACA##RACA##RACA##RACA#LOL #RACA# #RACA# #RACA# #RACA# #RACA# #RACA# #RACA# #AVALOX# 🎈🎈🎈🎈🎈🎈🎈🎈🎈 🟥🟨🟩🟥🟨🟩🟥🟨🟩🟥🟨🟩🟥🟨🟩🟥🟨🟩🟥🟨🟩 # BTC# #ETH# #etc# #doge# #lunc# #ethw# #gomd# #xrp# #babydoge# #MASA# #DYP# #AMC# #hip# #red# #redtoken# #rem# #move# #oin# #samo# #cos# #asmatch# #flurry# #CORE# #BTC# #NADA# #ONDO# #SHİB# #DOGE# #WİF# #İQ50# #AVAX# #İCP# #FİL# #FLOKİ# #KAS# #watt# #gse# #Fora# #xeta# #eul# #meld# #fort# #ata# #hpb# #defiland# #PIGCOIN# #SMILE# #SLERF# #SOL# #BOME# #NADA# #IQT# #ONDO# #SHİB# #tron# #TRX# #BABYELON# #vt# #phone# #jenner# #nexg# #ruby# #game# #bacgames# #hippop# #myt# #elix# #wxm# #wlth# #hdro# #beer# #intx# #skai# #aptr# #pew# #ONDO# #ADF# #SLERF# #SOL# #BOME# #ZODI# #ONDO# #SHİB# #DOGE# #WİF# #İQ50# #AVAX# #İCP# #FİL# #SOL# #KAS# #PEPE# #NUUM# #SUİ# #ATS# #BABYDOGE# #KİSHU# #MASA# #DYP# #AMC# #hip# #red# #redtoken# #rem# #move# #oin# #samo# #cos# #asmatch# #flurry# #CORE# #BTC# #UNO# #SLERF# #SOL# #BOME# #NADA# #ONDO# #SHİB# #DOGE# #WİF# #İQ50# #AVAX# #vt# #phone# #jenner# #param# #cu# #mudai# #masa# #qubic# #vda# #NADA# #ONDO# #SHİB# #DOGE# #WİF# #İQ50# #AVAX# #İCP# #FİL# #FLOKİ# #KAS# #watt# #gse# #Fora# #xeta# #eul# #meld# #fort# #ata# #hpb# #defiland# #frog# #satoshi# #ttk# #logt# #vts# #rdex# #clips# #PEPE# #vt# #PIGCOIN# #SMILE# #SLERF# #SOL# #BOME# #NADA# #IQT# #ONDO# #SHİB# #HC# #WİF# #İQ50# #AVAX# #DAO# #İCP# #FİL# #FLOKİ# #tron# #TRX# #BABYELON# #taiko# #off# #BTC# #Eth# #SOL# #pepe# #ooki# #doge# #BTT# #Kas# #cfx# #BTSC# #Nada# #AIMX# #Rats# #Sats# #AiDoge# #Aısc# #VCI# #Smıle# #Grok# #BabyGrok# #BabyBonk# #floki# #POOH# #HMTT# #Never# #BabyElon# #ONDO# #Myro# #ZKF# #AISWAP# #Shib# #TROLL# #jasmy# #SNAP# #GROKCEO# #ISKY# #WAG# #ALY# #yesp# #PRMX# #PONKE# $ #UNFI# #PLANET# #RUNECOIN# #AGG# #ORNJ# #SPEC# #CANTO# #PACE# #AVALOX# #PHM# #NUTS# $ #ONDO# #ADF# #SLERF# #SOL# #BOME# #ZODI# #ONDO# #SHİB# #DOGE# #WİF# #İQ50# #AVAX# #İCP# #FİL# #SOL# #KAS# #PEPE# #NUUM# #SUİ# #ATS# #BABYDOGE# #KİSHU# #AİDOGE# #RNDR# #DC# #ORDİ# #ARB# #rtf# #crh# #exvg# #bonus# #vee# #wanko# #ez# #trio# #clh# #sync# #gm# #maneki# #ats# #popcat# #mew# #hbar# #akt# #floki# #velo# #mavia# #wıf# #kas# #bonk# #karrat# #nvg# #fat# #snk# #hdv# #caf# #fire# #BTC# #ETH# #SLERF# #SOL# #BOME# #NADA# #ONDO# #SHİB# #DOGE# #WİF# #İQ50# #AVAX# #İCP# #FİL# #FLOKİ# #KAS# #PEPE# #XRP# #SUİ# #BABYDOGE# #KİSHU# #AİDOGE# #RNDR# #BNB# #ORDİ# #ARB# #FTM# #SNAP# #NEAR# #ZBU# #BONK# #ADA# #RATS# #STX# #LTC# #GALA# #DOT# #ETC# #OP# #TON# #MATİC# #FLY# #ALT# #JASMY# #GROK# #FET# #FLUX# #PİXEL# #LUNA# #ARKM# #BCH# #CSPR# #TRX# #ZETA# #HBAR# #ATOM# #VANRY# #PEOPLE# #BSV# #BLUR# #MEME# #FLT# #CAKE# #FTT# #KDA# #MANTA# #RACA# #NEVER# #TROLL# #CHZ# #XLM# #SSV# #FLY# #ASTR# #AİTECH# #WEN# #FLUX# #TAO# #CRV# #AEVO# #ALGO# #METALDR# #UNİ# #ZETA# #JTO# #XRD# #ID# #NIBI# #AGI# #RBN# #1CAT# #SNX# #PORT3# #ENS# #GT# #VRA# #YOURAI# #COQ# #BRT# #MANTA# #BENDOG# #SAND# #BEAMX# #LIME# #TOMİ# #XCAD# #POLYX# #ORDS# #FRONT# #DYDX# #SGR# #NEVER# #YGG# #DNX# #MASK# #AR# #FCON# #PHA# #HFT# #MUBİ# # MOG# #HOOK# #THL# #OORT# #BCUT# #HNT# #BIGTİME# #PAAL# #LPT# #HGPT# #MAGİC# #SERSH# #VC# #SOLS# #VELO# #TURBO# #MPC# #ORN# #GPT# #AI# #NFE# #FAR# #DIONE# #GNGL# #CHELL# #NAKA# #AMPL# #USTC# #CAGA# #MOBİLE# #BONE# #NIZA# #LRC# #LUNC# #THETA# #GMT# #CHO# #ROSE# #JOE# #NEON# #IOTX# #XEN# #MEMETOON# #PEPE2# #KEY# #PENG# #ROA# #XCH# #VET# #AKT# #AWT# #DREP# #ZKF# #GFT# #PRIME# #CLORE# #CETUS# #POOH# #CGPT# #SKL# #DAO# #CYBER# #ALEX# #CTC# #PNT# #DODO# #ZRX# #DATA# #PORTAL# #FIDA# #MINA# #ZBC# #ATLAS# #OSHİ# #DYM# #ELON# #F3# #GFI# #PONKE# #WORK# #SUSHİ# #CEEK# #MANA# #PACE# #ACA# #HER# #DOGGO# #MPLX# #WAWES# #FTN# #BTT# #DUEL# #ML# #SPACE# #SLP# #CLV# #OOKİ# #BMD# #EGLD# #NOS# #MONG# #TURT# #MİLO# #ANKR# #PANDORA# #SYN# #SCA# #POLİS# #KSM# #RBT# #BAKE# #TOX# #WSB# #ORCA# #PEPE# #zerc # #nyan # # sqd # #people# #ena# #gala# #GateioInto11# #airtnt# #Avalox# #polydoge# #maga# #brett# #samo# #mon# #mdus# #egon# #param# #mudai# #cu# #BEAMX# #LİME# #TOMİ# #XCAD# #POLYX# #WORD# #FRONT# #DYDX# #SGR# #NEVER# #YGG# #DNX# #MASK# #AR# #FCON# #PHA# #HFT# #MUBİ# #MOG# #HOOK# #THL# #OORT# #BCUT# #HNT# #BİGTİME# #PAAL# #LPT# #HGPT# #MAGİC# #SERSH# #VC# # SOLS# #VELO# #TURBO# #MPC# #ORN# #GPT# #AI# #NFE# #FAR# #DİONE# #GNGL# #CHELL# #NAKA# #AMPL# #USTC# #CAGA# #MOBİLE# #BONE# #NİZA# #LRC# #LUNC# #THETA# #GMT# #CHO# #ROSE# #JOE# #NEON# #IOTX# #XEN# #MEMETOON# #PEPE2# #KEY# #PENG# #ROA# #XCH# #VET# #ACT# #AWT# #DREP# #ZKF# #GFT# #PRİME# #CLORE# #CETUS# #POOH# #CGPT# #SKL# #DAO# #CYBER# #ALEX# #CTC# #PNT# #DODO# #ZRX# #DATA# #PORTAL# #FİDA# #MİNE# #ZBC# #ATLAS# #OSHİ# #DYM# #ELON# #F3# #GFI# #PONKE# #WORK# #SUSHİ# #CEEK# #HOME# #PACE# #ACA# #HER# #DOGGO# #MPLX# #WAWES# #FTN# #BTT# #DUEL# #ML# #SPACE# #SLP# #CLV# #OOKİ# #BMD# #EGLD# #WE# #MONG# #TURT# #MİLO# #ANKR# #PANDORA# #SYN# #SCA# #POLİCE# #KSM# #RBT# #BAKE# #TOX# #WSB# # ORCA# #PEPE# #ADF# #GFI# #FARM# #ENA# #MEW# #SLERF# #CATCOİN# #WIF# #WEN# #KNFT# #EXVG# #caw# #mcg# #orng# #landwolf# #npc# #PİGCOİN# #HBAR# #ONDO# #ADF# #FAR# #BERRY# #taiko# #off# #ZEUS# #MASA# #FOXY# #KARRAT# #SATOSHİ# #CATGBT# #LOBO# #RUNECOİN# #BLENDR# #NAİ# #TRİO# #CREDİ# #TRUF# #COPYCAT# #WUF# #TX20# #PROPS# #VIZ# #BLAZE# #GAMES# #BCCOİN# #PRL# #APU# #ADF# #W# #SAGA# #TNSR# #MSN# #MANEKİ# #DOG# #SAFE# #mother# #BTC# #ETH# #SLERF# #SUN# #BOME# #NOTHING# #ONDO# #SHİB# #DOGE# #WİF# #İQ50# #AVAX# #İCP# #FİL# #FLOKİ# #KAS# #PEPE # #XRP# #SUİ# #BABYDOGE# #KİSHU# #AİDOGE# #RNDR# #BNB# #ORDİ# #ARB# #FTM# #SNAP# #NEAR# #ZBU# #BONK# #ADA# #RATS# # STX# #LTC# #GALA# #DOT# #ETC# #OP# #TON# #MATİC# #FLY# #ALT# #JASMY# #GROK# #FET# #FLUX# #PIXEL# #MOON# #ARKM# #BCH# #CSPR# #TRX# #ZETA# #HBAR# #tai# #cta# #knft# #fdt# #people# #cel# #vt# #phone# #jenner# #zex# #own# #scrat# #blast# #trala# #zelix# #near# #mog# #ethfi# #item# #drift# #dog# #gme# #spec# #safe# #bb# #not# #quboc# #bccoin# #rez# #msn# #don# #sqd# #blaze# #apu# #hnt# #mew# #gme# #mmtoon# #wuf# #pundu# #andyeth# #dogemob# #sats# #rats# #ordi# #mubi# #agix# #fet# #lime# #ocean# #her# #afi# #hgpt# #orai# #pendle# #token# #atr# #polyx# #fil# #ar# #akt# #theta# #ocean# #aioz# #lpt# #hnt# #flux# #polydoge# #maga# #brett# #samo# #tai# #cta# #knft# #fdt# #people# #cel# #mon# #mdus# #lki# #blast# #ulti# #beer# #jensol# #trala# #kkk# #floki# #fan# #fantoken#