South Korean financial regulatory agency releases draft rules for tokenized securities
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The South Korean financial regulatory agency has released draft rules for tokenizing stocks, bonds, and funds, covering issuer capital requirements and retail purchase limits, with plans to implement them in February 2027.
EU countries are discussing France's proposal to release 50 million barrels of diesel stocks from European countries, while member states of the International Energy Agency release 50 million barrels of crude oil. Various countries have discussed that the agreement to release diesel inventories should include a commitment from the United States to avoid unilaterally imposing a ban on diesel exports. French President Macron spoke with US President Trump and Canadian Prime Minister Trudeau to discuss responding to rising fuel prices and ensuring the supply of refined oil products. (Source: Reuters, Jin Shi)
HSBC has named its Hong Kong stablecoin RedCoin, with a focus on P2P and P2M payments in the initial phase, and expanding to include industrial, commercial, financial, and corporate levels. Wu Yangyu, CEO and General Manager of Retail Banking and Wealth Management at HSBC Hong Kong, stated that the launch of stablecoins is the starting point to support financial innovation in Hong Kong.
The European Central Bank has proposed three models for introducing central bank currency onto the blockchain, including direct issuance, establishment of bridging mechanisms, and implementation through private intermediaries, aimed at providing settlement support for tokenized securities, bank deposits, and stablecoin transactions on distributed ledger technology networks.
Prior to the release of the US employment report, Bitcoin briefly surpassed $86000. The market expects to add 90000 new jobs and maintain an unemployment rate of 4.1%. The US dollar has risen to an 18 month high, global bond yields have surged, and France's borrowing premium relative to Germany has reached its highest level in 14 years.
AI interpretation: The significantly lower expected value of employment data reflects that the labor market is experiencing structural cooling. The decline in the number of new jobs directly weakens the momentum of economic expansion, forcing the market to reassess the Federal Reserve's policy path. The strengthening of the US dollar and the rise in bond yields together constitute a tight financial environment, further suppressing the long-term valuation space of risk assets. This macro background reinforces market concerns about economic slowdown and provides clear stress test signals for subsequent monetary policy adjustments.
