On September 8, 2025, HKMA issued to the local banking industry the exposure draft of the new module CP-1 Crypto Asset Classification of the Banking Regulatory Policy Manual (SPM), which intends to implement the new bank capital base regulations of the Basel Committee on Banking Supervision's crypto asset regulatory standards to be implemented in early 2026. The draft regulatory guidelines make it clear that the Hong Kong Monetary Authority will issue a compliance license based on the Stablecoin...
Metalpha, a digital asset manager, has released its latest unaudited financial results report, in which it disclosed total revenue of $19,720,654 for the six months ended September 30, 2024, a nearly four-fold increase compared to $5,085,150 for the same period in fiscal 2024, in addition to the fact that its board of directors has approved a share repurchase program of up to $5 million, which will be conducted over the next 36 months.