... backing: any issues with reserves could undermine user confidence and damage regulatory reputations. Access to Banking Services for Crypto Businesses The report recommends clearly defining the operations that commercial banks can conduct with digital assets ... ... simplifying the process for issuing banking licenses to relevant companies. This policy aims to remove barriers that cryptocurrency startups have encountered in recent years. There have been instances where banks refused to service accounts for cryptocurrency ...

... 2025), attracting new market participants to Hong Kong. Singapore maintains a strict yet clear regulatory framework: a combination of stringent requirements with support for the blockchain industry and government initiatives is stimulating the influx of crypto startups. Meanwhile, mainland China, while maintaining a ban on crypto trading, is focusing on developing its own blockchain solutions and expanding the use of its state digital currency (digital yuan). Middle East: Several countries in the Middle East ...

... passed (effective August 2025), drawing new market participants to Hong Kong. Singapore maintains a strict yet clear regulatory framework: a combination of stringent requirements and government support for the blockchain industry stimulates the influx of crypto startups. At the same time, mainland China, while retaining a ban on crypto trading, is focusing on developing its own blockchain solutions and expanding the use of its digital currency (the digital yuan). Middle East: A number of Middle Eastern countries ...

... crypto network is often faster and cheaper than a bank transfer across borders. From the perspective of the global financial network, cryptocurrencies create a unified transaction space where the sender and recipient's location does not matter. Moreover, crypto assets stimulate the development of new economic models. For example, through initial coin offerings (ICOs) or token sales, startups can create their projects and raise funding from the community, bypassing traditional venture capital. Token holders of such projects assume the role of early investors. Another example is meme coins like Dogecoin or Shiba Inu that were initially ...

... However, the comment also emphasizes the contrast between China's strategic focus on AI and the cultural dominance of the US in crypto innovations, such as memecoins. #Cryptocurrencies #AI #China #US #DeepSeek #MemTokens Chinese DeepSeek May Be Blocked in ... ... #DeepSeek #AI #technology #competition #China Chinese DeepSeek Wiped Out Nearly $1.5 Trillion on the US Stock Market Chinese startup DeepSeek has caused a collapse in the market capitalization of the largest American companies, with a total loss of $1....