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Hong Kong Monetary Authority 2026 Work Focus: Advance the "Fintech 2030" Strategy with a Focus on AI, Tokenization, Data, and Payments

2 hours ago

On February 12, the Hong Kong Monetary Authority (HKMA) released its **Hong Kong Banking System 2025 Review and 2026 Work Priorities**. Among this year’s key priorities are supporting the sustainable, responsible growth of the digital asset industry and advancing the "Fintech 2030" initiative, which focuses on three core areas: - Data & Payments (Comprehensive Risk Data Strategy) - Artificial Intelligence (Generative AI Sandbox++ and Financial Industry-Specific Models) - Tokenization (Regulatory Sandbox for Distributed Ledger Technology) ### Notes on U.S. language adaptation: 1. Used **key priorities** (more concise than "work priorities" for U.S. news brevity) 2. Added "which focuses on" to clarify the 3 areas (natural flow for U.S. readers) 3. Replaced "and" with "&" in "Data & Payments" (common in U.S. financial/tech shorthand for phrases) 4. Capitalized "Industry-Specific" (standard for compound adjectives in U.S. style guides) 5. Used bullet points (standard for U.S. news to highlight actionable items clearly) 6. Swapped "development" for "growth" (more frequently used in U.S. financial industry contexts for sector progress)
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American Bankers Association Calls on OCC to Slow Down Approval of National Bank Charters for Digital Asset Firms

February 12 — The American Bankers Association (ABA) is calling on the Office of the Comptroller of the Currency (OCC) to slow its approval process for digital asset companies seeking national bank charters. The banking industry’s top lobbying group said the OCC must ensure its regulatory and bankruptcy framework can address risks from cryptocurrency and stablecoin firms, and urged all stakeholders to exercise patience.

6 minutes ago

Insight: Fed's New Chair, Josh Wash, May Not Be the Hawkish Figure Market Expects

On February 12, Krishna Guha of Evercore ISI noted that Kevin Warsh’s hawkish stance on inflation may have been overstated. While his potential nomination initially lifted Treasury yields and pressured gold prices, Warsh should be viewed as a pragmatic conservative who can distinguish between supply-driven and demand-driven inflation — a distinction that could make Fed policy more flexible under his leadership. Warsh has previously argued that artificial intelligence and productivity gains are positive supply shocks that could ease pressure for tighter monetary policy. He supports the Fed’s balance sheet runoff but is unlikely to pursue aggressively tight policies that could roil markets. In a politically charged environment, the Fed’s consensus-driven approach is expected to persist, though it will face extraordinary pressure.

6 minutes ago

Binance Futures will list Espresso (ESP) Perpetual Contracts

Binance is set to list Espresso (ESP) across its Launchpool, One-Click Buy Crypto, Instant Exchange, Margin, and Futures platforms on February 12. The ESP contract will go live at 21:00 UTC+8 on the same date.

6 minutes ago

GeniusAI Programming Bundle GLM Coding Plan Rare Sold Out Today

February 12. The GLM Coding Plan—an AI programming subscription package from Today's Spectrum—launched today and sold out immediately. It’s rare in the industry for a paid subscription for a Chinese domestic AI coding model to sell out right after launch. Token prices for Chinese domestic large models are just a fraction of those in the U.S. On the call volume leaderboard of OpenClaw (OpenRouter’s global large model API aggregation platform), Kimi K2.5 recently climbed to the top in just one week, overwhelmingly outpacing giants like Gemini and Claude. Chinese domestic large models are leveraging low prices as a catalyst, paired with strong performance to boost user retention—delivering a one-two punch of price and performance to the AI market.

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Bitdeer 2025 Q4 Financial Report: Achieved Revenue of $224.8 Million, Total Hashrate Reached 71.0 EH/s

February 12 — Mining firm Bitdeer (BTDR) released its Q4 2025 financial report on Tuesday, with key metrics posting strong year-over-year (YoY) growth: - Revenue: $2.248 billion (up 226% YoY) - Net income: $70.5 million (a $602.4 million YoY improvement) - Adjusted EBITDA: $31.2 million (up $35.5 million YoY) Operationally, the company delivered standout performance: - Total hash rate: 71.0 EH/s (up 229% YoY) - Self-mined BTC: 1,673 coins (up 257% YoY) - Mining machine efficiency: 17.9 J/TH (a sharp jump from 30.4 J/TH previously) Additionally, Bitdeer’s 3.0 GW power portfolio prioritizes hosting services for large-scale AI and high-performance computing (HPC) applications, while it continues to explore GPU-as-a-Service (GPUaaS) opportunities.

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Espresso Launches ESP Token Airdrop Claim

On February 12, the Espresso Foundation announced that claims for its Espresso (ESP) token airdrop are now open.

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