The Financial Secretary of Hong Kong, Paul Chan, stated in the latest released "Budget" that the government will take measures to improve the regulatory system. One important aspect is to further strengthen the system for combating Money Laundering and terrorist financing. Specifically, the government is considering bringing Virtual Money service providers as well as the jewelry, jade, and precious metals industries under regulatory oversight. Chan revealed that the relevant departments plan to consult the public on these specific proposals within this year.
Chan Mo-po pointed out that the Financial Action Task Force (FATF) recently conducted a comprehensive assessment of Hong Kong's anti-money laundering and counter-terrorism financing systems. It is worth mentioning that Hong Kong has become the first member region in the Asia-Pacific to successfully pass the organization's review. The government will seriously study the recommendations made in the assessment report to further improve the relevant systems.
In addition, Chan Mo-po emphasized that Hong Kong will continue to keep pace with the latest developments in international banking regulatory standards. The government will act according to the Basel Committee on Banking Supervision.

Ethereum's new vision: more focused and pragmatic
In recent years, Ethereum has been in a period of transformation. As criticism has increased, the foundation's leadership has made adjustments in hopes of regaining trust by enhancing transparency and participation, as well as focusing more on capturing value at the underlying level.
This change has already been reflected in the recent Ethereum conference. Tomasz K. Stańczak, the co-executive director of the Ethereum Foundation, actively participated in several panel discussions, indicating a new direction for future development.
So, what is the future vision of Ethereum? How can we ensure that this vision is well executed?
Main Objective
The main objectives of Ethereum include:
1. Return to the essence of cryptocurrency, emphasizing privacy protection and decentralization. It is not only important to attract new users, but also to ensure they can understand and practice these core values.
2. Maintain as the most secure and resilient blockchain infrastructure

Cetus is a decentralized exchange based on the Move ecosystem, using a centralized liquidity algorithm to meet the needs of different liquidity providers. Its features include permissionless pool creation, flexible trading fees, and automated management, dedicated to providing an efficient trading experience in the SUI ecosystem, with the potential to become an industry leader.

Investigations show that multiple Crypto Assets companies unknowingly hired North Korean IT workers, posing legal and security risks. These workers deceived interviews using fake identifications, bringing hacker attack risks, and the industry needs to be vigilant and strengthen background checks.

Family offices are rapidly rising in regions like China and Singapore, becoming important players in Web3 investments. They drive the increase in digital asset allocation by providing complex asset governance and management systems that meet the needs of cross-border investment and compliance identification. The characteristics of family offices align with the long-term investment philosophy of Web3, enabling them to provide a mature governance framework for the sector.

Changes in the Global Economic Landscape and the Outlook for the Crypto Market
The current global situation is unpredictable. Although many people may have already realized this, it is still worth delving into the current economic landscape.
Although the crypto market has always been the focus of our attention, especially after confirming the bull market rebound following the Bitcoin halving, the market currently seems to have entered a relatively quiet phase. During this phase, most cryptocurrency holders have completed their investments, and choosing to wait and see may be a wise strategy.
For most investors, adopting a long-term investment perspective can simplify the decision-making process and reduce the need for frequent adjustments. Currently, the best options seem to be either holding long-term or betting on emerging popular tokens.
Regardless, this calm period in the crypto market provides us with an opportunity to examine the macroeconomy, which inevitably affects the trends of cryptocurrencies. After all, Bitcoin and other digital assets stem from the root

Hong Kong is actively promoting the development of Web3, attracting a large number of encryption companies and talents, and trying to become a global Web3 hub. Although the government provides strong support, the formulation of regulatory policies remains key. Finding a balance between ensuring innovation and effective regulation will determine the future direction of Hong Kong's development.

Mega Matrix Inc. Chief Strategy Officer Jia Songtao: Strategic Layout of the Stablecoin Track
Stablecoins, as an important component of the long-term order of future digital assets, are gradually becoming a bridge between the traditional financial system and the blockchain world. With the regulatory environment becoming increasingly clear, the stablecoin industry is ushering in unprecedented certainty and development opportunities. Against this backdrop, the US-listed company Mega Matrix Inc. has officially entered the core area of on-chain finance through a private financing round of 16 million dollars.
The company's Chief Strategy Officer, Jia Songtao, stated that this private financing is a key step in the company's strategic upgrade. Mega Matrix Inc. has transitioned from a holding company centered around a content platform to a systematic on-chain financial layout, particularly focusing on stablecoin treasury strategies.
Jia Songtao believes that the future world of digital assets will be built on public chains, stablecoins, and custody.

Solv Protocol: Exploring the staking abstraction layer and liquidity mechanism in the BTCFi ecosystem
Solv Protocol is a project established in 2020, aimed at lowering the barriers to creating and using on-chain financial instruments, bringing a diversified asset class and yield opportunities to the crypto space. Solv Protocol focuses on minting and trading NFTs related to financial ownership certificates. In 2024, with the continuous development of the BTCFi track, Solv Protocol has shifted its focus to BTCFi, creating the all-chain yield Bitcoin asset SolvBTC, which aims to provide new opportunities and possibilities for Bitcoin holders while creating an efficient BTCFi ecosystem. Recently, Solv