... introducing a licensing system for stablecoin issuers under the oversight of the Hong Kong Monetary Authority (HKMA). Companies issuing stablecoins must now comply with strict requirements—from 100% reserve backing of issued tokens to regular financial reporting to the regulator. Hong Kong is actively positioning itself as Asia's crypto hub, offering clear rules for business while protecting investors' rights. The new regulatory framework aims to attract crypto companies seeking to operate within the ...

... other trading venues gradually established regulations for conducting SPOs. The first active application of SPOs in the Russian market occurred in the mid to late 2000s. During this period, the transparency of companies improved, international financial reporting standards were adopted, and investor interest in public companies grew. However, after the global financial crisis of 2008-2009, activity in the IPO and SPO markets declined. In the following years, moderate growth in the number of secondary ...

... licensing system for stablecoin issuers under the supervision of the Hong Kong Monetary Authority (HKMA). Companies issuing stablecoins are required to comply with stringent requirements—from 100% reserve backing of all issued tokens to regular financial reporting to the regulator. Hong Kong actively positions itself as Asia's crypto hub, offering clear rules for business while simultaneously protecting investor rights. The new regulatory framework aims to attract crypto companies looking to operate legally ...

... downturn is largely attributed to sell-offs at reached highs — Bitcoin's surge to ~$114,000 made this mark a psychological level where some large holders ("whales") exited their positions. An additional external factor was macroeconomic news: reports of new trade tariffs in the US increased global aversion to risk assets, which temporarily impacted cryptocurrencies as well. Nevertheless, by the weekend, the market stabilized. Daily volatility of Bitcoin and Ethereum noticeably decreased, and ...

... generally supplied with gasoline and diesel without disruptions. Corporate News: Quarterly Results and Investment Plans The end of July marked the publication of financial results for the second quarter of 2025 from major oil and gas corporations. The reports from industry leaders reflect normalization of market conditions compared to last year’s record figures. For instance, one of the largest companies, Shell , reported adjusted earnings of approximately $4.3 billion for Q2 2025—this is nearly ...