Project Progress

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Hong Kong’s first batch of stablecoin licenses has been delayed, and the Monetary Authority says it is working to move forward as quickly as possible

Hong Kong’s first batch of stablecoin issuer licenses was originally set to be issued in March 2026, but it did not roll out as scheduled. The Hong Kong Monetary Authority said it is moving forward with the licensing process, and the market is watching the application status of HSBC and Standard Chartered. Among the applications for the second batch of licenses, Futu Securities and OSL Group are strong contenders.
GateNews·04-01 01:04
Hong Kong’s first batch of stablecoin licenses has been delayed, and the Monetary Authority says it is working to move forward as quickly as possible

WisdomTree: The Clarity Act is not a necessary prerequisite for non-crypto innovation; the existing regulatory framework is already sufficient to support growth

WisdomTree says the 《Clarity Act》 is not a necessary requirement for crypto and tokenization businesses, and that industry innovation can be advanced under existing regulatory frameworks. The company has already launched a spot Bitcoin ETF, focusing on developing tokenized money market funds, and will further expand related products in the future.
BTC0.55%
USDC-0.01%
GateNews·03-31 22:02
WisdomTree: The Clarity Act is not a necessary prerequisite for non-crypto innovation; the existing regulatory framework is already sufficient to support growth

Block uses AI to rebuild the organizational chart, replacing traditional hierarchical management with “agents”

Block is using artificial intelligence to restructure enterprise organizations and proposes “company agents” to replace traditional hierarchical management. This model includes three types of roles: individual contributors, direct owners, and “player-coaches.” It also uses data to build an “economic graph,” supporting automated financial services for intelligent layers.
GateNews·03-31 16:16
Block uses AI to rebuild the organizational chart, replacing traditional hierarchical management with “agents”

Across protocol releases an ACX token-to-equity conversion proposal, aiming to restructure into a U.S. Class C corporation

Gate News announcement, March 31, Across released a statement. The ACX token for equity trading and acquisition proposal is now live. The proposal is intended to seek approval to transition the Across protocol from a token-based decentralized autonomous organization (DAO) architecture to a U.S. C corporation. ACX token holders have 7 days to vote on the proposal.
ACX0.16%
GateNews·03-31 16:01
Across protocol releases an ACX token-to-equity conversion proposal, aiming to restructure into a U.S. Class C corporation

Latin American e-commerce giant Mercado Libre announced it is shutting down its own cryptocurrency, Mercado Coin

Latin American e-commerce giant Mercado Libre announced that it will shut down its in-house cryptocurrency, Mercado Coin, starting on April 17. Users will be able to sell the token, use it to offset purchases, or wait for it to be exchanged for fiat currency. The token launched in 2022 and was intended to serve as shopping rewards. The company has not explained the reason for the shutdown.
ETH0.68%
GateNews·03-31 15:16
Latin American e-commerce giant Mercado Libre announced it is shutting down its own cryptocurrency, Mercado Coin