Crypto news

Game-Changer: Asian Brokers Now Accept USDT & USDC for Trading! Say What?

BBG News
  • Futu Securities, the financial giant, is making moves by adding crypto to their stock trading platform, NiuNiu.
  • U.S. regulators are now fueling a global crypto adoption frenzy and backing Bitcoin reserve plans. Who knew?

Well, well, well. It looks like the global financial world is waking up to the charm of crypto. And guess who’s taking the spotlight? Hong Kong’s very own Futu Securities International. They’ve just rolled out their new crypto deposit service. That’s right, you can now trade Bitcoin [BTC], Ethereum [ETH], and USDT right alongside your usual stocks. It’s a new age of seamless switching between digital and traditional markets, making us wonder how we survived before all this.

As if that’s not enough, some wise sage on the internet by the name of _FORAB summed it up best:

“Internet securities dealers are counting down to their large-scale entry into the cryptocurrency world and access to stablecoins.”

Is Hong Kong the new crypto capital of the world? Hard to say, but they sure seem to be trying. The city’s been busy laying out tax incentives for big-time investors, rolling out the ASPIRe framework, and even approving Asia’s first spot Bitcoin and Ether ETFs. Talk about being ahead of the game!

The U.S. Gets Its Act Together (Finally)

Hold onto your hats because across the pond, the United States is finally getting its crypto regulation house in order. The newly minted SEC head, Paul Atkins, has promised a “clearer stance” on crypto. We’re not holding our breath, but hey, at least they’re trying!

In a move that’s definitely keeping things interesting, the SEC has even created a special task force to develop a proper framework for digital assets. Because, you know, they’ve been a bit behind on that front. Meanwhile, Donald Trump is out there pitching a national Bitcoin Reserve. Yes, really. States like Texas, Arizona, and New Hampshire are following suit with their own plans to keep up with the crypto craze.

It’s safe to say that the U.S.’s renewed push for crypto regulations is causing a ripple effect. Countries like Switzerland are already considering adding Bitcoin to their national reserves, and South Korea’s presidential hopeful Han Dong-hoon is all about deregulation and Bitcoin ETFs. The world is watching, folks, and it’s moving fast.

In Vietnam, Techcombank Securities is gearing up for a historic IPO, bringing cryptocurrency tools into their platform. Looks like crypto is creeping into mainstream finance faster than a raccoon in your garbage can.

All of these developments show that the U.S. isn’t just shaping its own future with crypto—it’s inspiring the entire world to hop on the digital asset train.

Market Trends (Spoiler: Things Are Heating Up)

It’s not just talk—crypto markets are on fire. The global cryptocurrency market cap has skyrocketed to a whopping $3.09 trillion, with a nice 3.10% daily gain. Oh, and Bitcoin is teasing that $100K mark, sitting pretty at $99,749.24 after a 2.88% rise. Ethereum is also doing its thing with a solid 5.27% boost, now trading at $1,943.46.

But wait, there’s more! Visa’s April on-chain analytics show that USDT is leading the transaction game with a massive $421.61 billion in volumes, easily outpacing USDC and other stablecoins. That’s a lot of digital dollars moving around!

So yeah, if you haven’t already jumped on the crypto train, you might want to consider it. The market’s heating up, and it’s not slowing down anytime soon. Get ready for the ride!

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2025-05-08 18:55

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