HashKey Daily News Highlights（2025/10/30）
2025-10-30
1. Hong Kong Securities and Futures Commission Chairman: Plans to provide guidance for digital asset treasuries and study the issue of listed companies purchasing Bitcoin.
PANews reported on October 30th that, "According to Hong Kong's Wen Wei Po, Hong Kong Securities and Futures Commission (SFC) Chairman Wong Tin-yau stated yesterday that Hong Kong currently lacks regulations governing listed companies' participation in cryptocurrency investments. He added that the SFC will monitor the market situation and study providing relevant guidance. Wong further stated that Hong Kong currently has no legislation regulating listed companies' participation in virtual asset treasury arrangements. Regarding listed companies claiming to adopt Digital Asset Treasuries (DAT), Wong urged investors to carefully understand what DAT is and its underlying value. He also indicated that the SFC will study the issue of listed companies purchasing Bitcoin."
2. Hong Kong Monetary Authority cuts interest rates by 25 basis points
The Hong Kong Monetary Authority announced on October 30 that, following the 25-basis point downward adjustment in the target range for the US federal funds rate on 29 October (US time), the Base Rate has been set at 4.25% with immediate effect according to a pre-set formula.
3. The Ethereum Foundation has launched the official website "Ethereum for Institutions" to help institutions adopt [the technology/equipment].
PANews reported on October 29 that, "The Ethereum Foundation announced the official launch of the "Ethereum for Institutions" website (institutions.ethereum.org), which aims to provide guidance and resources for institutions, builders, and enterprises to adopt Ethereum. The website, led by the Foundation's Enterprise Acceleration Team, showcases Ethereum's ecological achievements in the restructuring of the financial system."
4. Pavel Durov announced the launch of "Cocoon," a confidential computing network based on the TON and Telegram ecosystem.
PANews reported on October 29 that, "At the Blockchain Life 2025 conference in Dubai, Telegram founder Pavel Durov announced the launch of "Cocoon"—a Confidential Compute Open Network built on the TON blockchain and the Telegram ecosystem.
The project will utilize GPU mining and focus on privacy and confidential AI computing scenarios, with Telegram playing a central role in its development. The official public beta is planned for November 2025. Durov also revealed that third-party developers within the Telegram Mini Apps ecosystem have generated over $1 billion in revenue in the past year."
5. Hercle raises $10 million in funding and secures a $50 million credit line to accelerate cross-border payments with stablecoins.
PANews reported on October 29th that, "Hercle announced the completion of a $ 10 million equity financing round, led by F-Prime , and secured a $ 50 million line of credit to support its global expansion. The company provides end-to-end infrastructure for payment service providers and enterprises through stablecoin integration, aiming to reduce cross-border settlements from days to minutes. Hercle stated that it has processed over $ 20 billion in transactions, 90% of which are completed within 5 minutes, and has over 200 institutional clients. It plans to expand into South America, the Middle East, and Africa, and broaden its regulatory coverage."
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