The euro against the US dollar breaks above 1.18, with an intraday increase of 0.24%

Hong Kong will build a digital bond platform and connect with regional tokenization hubs to promote bond settlement as part of the core infrastructure.

Hong Kong will establish a new digital asset platform to support the issuance and settlement of tokenized bonds, with plans to expand to other digital assets. The platform, built by the Hong Kong Monetary Authority, aims to strengthen Hong Kong's position as a hub in the digital asset sector. Hong Kong has successfully issued multiple batches of tokenized government bonds and will achieve systematic integration to promote market liquidity while balancing risk control.

Preparing for the Crypto Regulation! E.SUN Financial Holding: The banking industry will embrace three-track finance, not missing out on stablecoins and tokenization

E.SUN Financial Holding foresees that the financial industry will enter the era of "three-track finance," including physical, digital, and virtual assets. In response to the promotion of the Virtual Asset Management Act, E.SUN plans to strengthen blockchain applications, focusing on cross-border payments, virtual asset services, and real asset tokenization. As the demand for stablecoins increases, financial institutions have already begun to deploy, expecting to offer related services after the enactment of the special law. However, regulation of stablecoins still requires consensus among all parties.

Bhutan introduces a blockchain-based digital nomad visa, with the gold token TER as an entry requirement

Bhutan will launch a blockchain-based digital nomad visa program in 2026. Applicants are required to deposit $10,000 in gold-backed tokens (TER) and pay an annual fee of $2,800. This program aims to integrate sovereign crypto assets with national immigration policies. Critics worry about the high financial threshold and infrastructure challenges, but supporters believe it can filter out genuine applicants.

Stripe Explores PayPal Acquisition: Report

Stripe has initiated early acquisition talks for PayPal or its assets. PayPal is under competitive pressure and has seen significant stock drops. Both companies are venturing into stablecoins and digital asset offerings. Stripe is rumored to be considering a possible acquisition of PayPal

Tonight, Circle and NVIDIA will release their earnings reports. Will AI narratives once again "support" the crypto market? This becomes the focus.

The issuer of the US dollar stablecoin USDC, Circle, and NVIDIA will release their earnings reports on February 25th before the market opens and after the market closes, respectively. The market is watching how their performance will impact risk assets. NVIDIA's stock price has been stagnant amid fluctuations, and Wall Street is concerned about the short-term pressure behind the earnings report. Investors are assessing the relationship between AI, semiconductors, and stablecoins, and are looking forward to the market reaction to the earnings reports.

Trump's State of the Union address releases bullish signals! Bitcoin posts its largest gain in two weeks, with multiple resistance levels still to be broken through

On February 25th during Asian trading hours, Bitcoin rose by as much as 3.52% to $66,300, marking the largest intraday gain since February 13th. The immediate catalyst for the market rebound was President Trump delivering the State of the Union address to Congress, along with high-level Iran officials expressing willingness for diplomatic negotiations and easing geopolitical tensions.