Hong Kong Monetary Authority Deputy Chief Executive Officer Chen Weimin said that stablecoin issuers may choose to issue currencies such as Hong Kong dollars or renminbi based on their own discretion, but must obtain regulatory approval from the Mainland. As for the timetable for the second batch of stablecoin issuer licenses, there is no schedule yet. HSBC’s stablecoin will be integrated with PayMe and the HSBC HK App, supporting real-time transfers and person-to-merchant services.

SimpleChain announced on April 11 that it has completed a $15 million seed round, mainly involving family offices and institutional investors. The network positions itself as the “institutional operating system” for real-world assets (RWA), aiming to build an RWA Layer 1 network and provide enterprise-grade infrastructure to support the global tokenization of real-world assets.

SimpleChain completed a $15 million seed round on April 10, with funding provided by family offices and institutional investors. The project focuses on building an institutional-grade real-world assets (RWA) Layer 1 operating system, driving asset tokenization, on-chain verification, and compliance automation, and aims to enable seamless global interaction among assets, data, and institutions.

xStocksFi launched on the Mantle network on April 10, allowing users to trade 10 of the most prominent U.S. stocks 24/7. The project is supported by BackedFi and Flowdesk, aiming to improve the distribution efficiency of real-world assets and deliver low trading fees and a fast, smooth experience. More features are planned for the future.

Gate News update, April 9, DeFi solutions provider Enhanced Labs announced it has completed a $1 million Pre-Seed round of financing, led by Maximum Frequency Ventures, with participation from GSR, Selini, Flowdesk, and a group of angel investors. The new funding will be used to support product development and operations, while also expanding options-based yield strategies to a wider range of on-chain assets, including tokenized real-world assets.

Gate News update: On April 9, Ethereum developer Joe Schiarizzi is running for Congress in Virginia as a Democrat. Joe Schiarizzi says he is against Trump and argues that cryptocurrencies should focus on public-interest use cases, not be used for political profit. He also criticizes some lawmakers who support cryptocurrencies as opportunists, saying these people have no real interest in the underlying crypto technology.

Dubai Virtual Assets Regulatory Authority (VARA) has issued virtual asset issuance guidelines, clearly outlining the design and distribution of stablecoins and real-world asset tokens. Token issuance is divided into three categories, providing market participants with a reference by improving transparency and regulatory certainty. These guidelines are an interpretation of existing rules, not new regulations.

Gate News message: On April 9, according to Gate market data, as of the time of publication, BLUR (Blur) is trading at $0.02243. It is up 18.86% over the past 24 hours, reaching a high of $0.023 and a low of $0.0183. Its current market cap is about $6.2189 million. Blur is a decentralized marketplace and aggregator that supports NFTs and will be managed by $BLUR holders. Blur’s architecture is designed to handle high traffic loads, enabling unmatched speed and advanced features, including real-time data feeds, charts, bulk listings and purchasing tools, as well as portfolio management. This message does not constitute investment advice; investing involves risks, including market volatility.

Gate News message, April 9, Arthur Hayes posted a comment on reports that Iran is charging Bitcoin tolls. Hayes said he would only believe that Iran is truly collecting tolls in the form of BTC after seeing the related transactions on the real Bitcoin blockchain. He believes that before that, it is only the Islamic Revolutionary Guard Corps playing with the Western fiat currency and financial system.

Surf launched the Surf Skill CLI tool, enabling AI agents with the ability to query cryptocurrency data and replacing 60+ separate APIs. Users can analyze the market, DeFi TVL, and social trends in real time, and get $200k in free API credit to simplify the development process.