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Techub News reports that during his visit to Nanjing University, Hong Kong's Secretary for Financial Services and the Treasury, Paul Chan, delivered a speech highlighting that artificial intelligence is reducing search and transaction costs, driving enterprises to redesign operational processes and spur new business models. He emphasized Hong Kong's strengths in finance, innovation and technology, professional services, and internationalization, which can be integrated with the industrial foundation of Nanjing and Jiangsu to jointly promote the transformation of research results and industrial development. The delegation subsequently held discussions with university representatives and alumni companies to explore collaboration opportunities in fields such as artificial intelligence, optical chips, and life sciences, as well as to facilitate connections between industry and capital. (Hong Kong Government News Bulletin)
Techub News reported that the South Korean cryptocurrency exchange Bithumb announced the addition of a new US-KRW trading market.
Techub News reports that according to Visa's latest disclosed data, nearly 17% of the total transaction volume of stablecoin-linked cards in the current fiscal year 2026 comes from corporate and commercial projects. Currently, Visa supports more than 160 stablecoin-linked card projects, with the total payment volume (Payment Volume) of related cards increasing by nearly 200% year-on-year. (The Block)
According to CryptoRank statistics, the number of newly listed tokens on centralized exchanges (CEX) in the third quarter of 2026 reached 517, a 47% increase from the previous quarter, ending the downward trend of the previous three consecutive quarters. Among them, OKX saw the most significant growth, increasing the number of newly listed tokens from single digits in the second quarter to 100, making it the second most active exchange for new listings. The growth is mainly driven by tokenized assets, as major exchanges are accelerating the introduction of tokenized stocks and other real-world asset (RWA) targets.
According to Techub News, the prediction market platform Polymarket has announced the launch of new user protection and responsible trading tools. Users can actively choose to suspend their use of the platform for 30 days, one year, or permanently self-exclude; US users can also set daily, weekly, or monthly deposit limits, with a reduction in limits taking effect immediately, while increasing or canceling limits will require a cooling-off period. Polymarket has also established a Trust & Safety Center and partnered with behavioral addiction treatment organization Birches Health to provide mental health resources for users exhibiting compulsive trading behaviors. The platform will also expand its Trust & Safety team and release content moderation standards covering comments, chats, user profiles, and channels such as Discord. (Wu Blockchain)
Techub News reported, according to Wen Wei Po, the Hong Kong Gold Exchange held the Bingshen Year Spring Market Opening Ceremony yesterday. Zhang Dexi, Chairman of the Hong Kong Gold Exchange, stated that to align with the SAR government's policy of establishing an international gold trading center and to strengthen trade, transaction, and logistics connections with the international gold industry, the Hong Kong Gold Exchange has officially partnered with Alibaba Group's member company, AsiaBet Technology, to develop an international precious metals trading platform, a clearing and settlement system, and a digital commodities blockchain. This platform will centrally manage risk control and regulation for businesses including Hong Kong spot, futures, digital gold, B2C transactions, actuarial centers, and over-the-counter trading. It is expected to be completed within 6 months and aims to connect with the "Hong Kong Gold Central Clearing System" established by the SAR government.
Techub News reports that Blockstream Capital Partners (BCP) has signed a strategic agreement to acquire the digital asset trading and investment business unit of Numeus Group. This transaction includes specific Bitcoin yield-generating trading strategies, as well as a 10-person derivatives trading team led by Chief Investment Officer Deepak Gulati. Concurrently, Deepak Gulati will assume the role of Co-Chief Investment Officer at Blockstream Capital Management. He previously served as the head of global proprietary trading at JPMorgan and founded the volatility hedge fund Argentiere Capital.
Techub News reports that the Hong Kong Securities and Futures Commission announced that the Shatin Magistrates' Courts found Wang Yulan, former executive manager of China All Access (Holdings) Limited, guilty of conducting "wash trades" in the company's shares. The announcement stated that the defendant placed a series of buy orders at prices higher than the prevailing market price in the minutes before the market close on December 29 to 31, 2014. These actions were determined not to reflect a genuine intent to purchase but rather created a "false or misleading appearance" of market demand, aiming to alleviate margin call pressure on related margin accounts. The defendant is now remanded in custody, and sentencing for the case is scheduled for December 17, 2025.
Techub News: Binance will delist the LA/FDUSD, SAHARA/BNB, SAHARA/FDUSD, and TOWNS/BNB spot trading pairs at 11:00 on November 21.
Techub News reports that KuCoin, a leading global crypto platform, today launched KuCoin 5.0, a comprehensive platform upgrade designed to embed trust into every aspect of users' trading, asset management, and interactions. This version enhances platform reliability by strengthening security mechanisms and optimizing user interface design. (PR Newswire)
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