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TRON x HTX DAO 2025 Hong Kong Night will be held on April 8: Check in with Sun Yuchen's Forbes frame and enter to win a grand prize of 1 ETH

ChainCatcher news, according to official information, the "TRON x HTX DAO 2025 Hong Kong Night" themed event, hosted by TRON and co-organized by HTX DAO, will be grandly held on April 8 at 18:00 in Hong Kong. At the event, users can take photos with a Forbes cover frame similar to that of Sun Yuchen and instantly produce stunning shots through an AI camera. By uploading the photos to Twitter, participants can join the selection event for a chance to win a total prize pool of 1,000 USDT.In addition, the event will feature multiple rounds of online and offline interactive blind boxes and quiz draws, with prizes including VIP customer black cards, cash rewards ranging from 88 to 888 USDT, limited edition exquisite merchandise, and a chance to win up to 1 ETH. It is worth mentioning that users holding VIP customer black cards can choose from three customized gifts; new VIP customers attending the event will also enjoy additional surprise privileges, so stay tuned.It is reported that industry leaders such as Kong Jianping, founder of Nano Labs, Molly (Huobi HTX Liu Ye), ambassador of HTX DAO, and Alec, head of HTX Ventures, will be invited to attend and share the latest developments of HTX DAO and trends in the cryptocurrency industry. Even more exciting, Sun Yuchen, founder of TRON and core supporter of HTX DAO, may make a surprise appearance and deliver a speech.

Hong Kong Monetary Authority: Establishing a regulatory framework for stablecoin issuance, expected to be approved in the coming months

ChainCatcher news, according to the Hong Kong Wen Wei Po report, the Vice President of the Hong Kong Monetary Authority, Chen Weimin, stated that a regulatory framework is being established for the issuance of stablecoins, laying the foundation for the development of the cryptocurrency ecosystem. Hong Kong has made good progress in developing stablecoins, with relevant legislation currently under review by the Legislative Council, and it is expected to pass in the coming months. The Hong Kong Monetary Authority is carefully examining the potential operational risks of stablecoins, including the management of reserve assets, liquidity, and anti-money laundering (AML), to ensure that licensed issuers can effectively manage risks and that their business models are sustainable.Chen Weimin also mentioned that Hong Kong has long established a roadmap for the development of virtual assets, with clear division of responsibilities between the authorities and the Hong Kong Securities and Futures Commission. The goal is to develop Hong Kong into a leading cryptocurrency center. In recent years, Hong Kong has been developing central bank digital currency (CBDC), believing that CBDC can facilitate more efficient and lower-cost cross-border payments, which will help promote cross-border trade and explore the potential of tokenization.

Pakistan plans to create a legal framework for cryptocurrency trading to attract international investment

ChainCatcher news, according to Bloomberg, the CEO of the Pakistan Crypto Council, Bilal bin Saqib, stated in an interview that the country aims to establish a clear regulatory framework to manage digital asset activities to promote the development of the local ecosystem.Saqib said, "Pakistan will no longer stand by; we want to attract international investment because Pakistan is a low-cost, high-growth market, with 60% of the population under 30 years old. We have a local workforce ready to build Web3." Saqib pointed out that he hopes to make Pakistan the cryptocurrency capital of South Asia, competing with Dubai, Singapore, and Hong Kong for leadership in the blockchain space.This legalization plan was proposed after Saqib was appointed as the chief advisor for digital asset management to the finance minister earlier this month. He will also provide advice on exploring the use of artificial intelligence to improve government efficiency, optimize decision-making processes, and drive innovation in public sector operations. Saqib said, "Trump is making cryptocurrency a national priority, and every country, including Pakistan, will have to follow suit."According to Chainalysis data, Pakistan ranks ninth globally in cryptocurrency adoption rates. Saqib mentioned in the interview that there are approximately 15 to 20 million cryptocurrency users in Pakistan.
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