Asia’s Top Crypto Stories: Stablecoin Law, Bitcoin Reserve & More

This week in Asia’s crypto scene brought several significant developments. Hong Kong’s new stablecoin regulation law marks the country as a leader in responsible innovation and sets a precedent for other jurisdictions. Pakistan will establish its own national Bitcoin reserve, signaling a major shift towards digital assets. Meanwhile, Vietnam uncovered a large-scale crypto scam affecting over 150,000 victims, highlighting the ongoing challenges in this space.