This statement will not directly affect the Hong Kong stablecoin market, but it will have an indirect impact, as mainland institutions will enter the Hong Kong stablecoin market more cautiously and discreetly.

Crypto Twitter doesn't want to hear the "get rich in ten years" story. But this might be the only truly viable method.

Perpetual contracts are the future, TradFi must accept high leverage and socialized losses.

"Our core demand is very clear - to return what belongs to the original owner, which means to return it to the Chinese victims."

Author: Liu Honglin This is a meeting on the 28th, the importance of which far exceeds the news headline itself. The entire "national regulatory team," including the Ministry of Public Security, the Cyberspace Administration, the Central Financial Office, the two high courts, the State Administration of Foreign Exchange, the China Securities Regulatory Commission, and the Financial Regulatory Bureau, has all been assembled, which itself indicates that the regulatory authorities believe the issue of virtual currencies has reached a stage where a unified stance and action are necessary. However, what is truly worth discussing is a key statement that appeared in the meeting — "Stablecoins are a form of virtual currency." This is the first time that the Chinese government has clearly defined stablecoins in an official document, and furthermore,

ICOs will make a strong comeback in 2025, regaining favor in a more transparent and "interest-bound" manner, but are more likely to give rise to a hybrid model rather than completely replacing airdrops.

Dragonfly partner Haseeb Qureshi pointed out that the current crypto community is permeated with "financial cynicism," opposing the mechanical valuation of public chains using price-to-earnings ratios. He emphasized that cryptocurrencies will experience exponential growth, just as e-commerce disrupted traditional retail, ultimately "devouring" the entire financial system, and called for maintaining long-term faith.

The decentralized AI laboratory can provide infrastructure for enterprise-level specific domain AI through small models and reinforcement learning.

Written by: J1N, Techub News On November 26 at 14:51, a fire broke out at Hongfuk Court in Tai Po, New Territories, due to scaffolding and flammable protective nets from exterior wall renovation work. Under dry and windy conditions, along with a red fire danger warning, the fire quickly got out of control and spread to seven buildings, resulting in the deadliest single fire incident in Hong Kong's history. As of 20:00 on the 28th, the death toll remained at 94, with 78 injured, many of whom were seriously hurt; over 3,000 residents were urgently evacuated, and multiple units in the eight 31-story buildings were severely burned. The initial estimate of direct economic losses is...

Brian Armstrong shared unique insights into the mindset of founders, practical strategies for handling tough challenges, and his profound thoughts on cryptocurrency, wealth, the meaning of life, and the future.

Every time the market declines, the same scene always appears: a group of people jumps out saying, "See, I told you it was a scam"; then when the market turns, the same group lines up, chasing highs and shouting bullish. This extreme back-and-forth of emotions has numbed me after eight years in this industry. But the fact is: when we talk about prices, we are actually discussing the future. Because prices are never "now," but rather the market's discounting of the future. If we continue to focus solely on prices, the future will slip away from us. Moreover, there is a very real pattern in bear markets: everyone sees...

Cryptocurrency Market Overview According to CoinGecko data, from November 11 to November 24, 2025, global risk assets weakened under the impact of macro factors such as concerns about a "bubble" in the AI sector, stronger-than-expected employment data, and a sharp revision of interest rate cut expectations, leading to pressure on the cryptocurrency market. In terms of market performance, BTC and ETH experienced a low-level recovery rebound from November 19 to 20 after a continuous decline, rising to the ranges of $86,600 and $2,780 to $2,820, respectively, but overall still remained in a state of fluctuation...

"Google has the entire supply chain in its hands. It does not rely on Nvidia and possesses efficient, low-cost computing sovereignty."