Hong Kong Newspaper Ranks Digital Economy and Virtual Asset Regulation Among Top 2025 Financial Stories
Hong Kong newspaper Wen Wei Po ranked "the improvement of the regulatory framework for digital economy and virtual assets" as the third item in its "Top 10 Financial News of Hong Kong 2025" on Dec. 28, BlockBeats reports. The outlet noted that the introduction of the "Stablecoin Ordinance" further refines oversight of digital asset activities in Hong Kong, with market participants expecting stablecoin licenses to be issued in early 2026 and a Hong Kong dollar stablecoin that could support real-world commerce and cross-border payments. The ranking also included "cryptocurrency frenzy pushes Bitcoin to a new high of $125,600" in eighth place, highlighting that Bitcoin repeatedly set record highs this year after Donald Trump voiced strong support, before pulling back to around $85,000 at one point, more than 30% below its peak.