Group 1 - Guotai Junan International has officially obtained a full license for virtual asset trading from the Hong Kong Securities and Futures Commission, becoming the first Chinese brokerage to offer comprehensive virtual asset trading services [1] - Following the announcement, Guotai Junan International's stock price surged by 198.39% on the second trading day, indicating strong market recognition of the potential for virtual currency development [1] - The increasing prevalence of digital payment methods is fundamentally altering traditional monetary systems and necessitating transformations in central bank monetary policies and regulatory approaches [1] Group 2 - Stablecoins are a type of cryptocurrency that are backed by fiat currency, ensuring that each stablecoin has a corresponding real asset, which differentiates them from regular cryptocurrencies that lack a clear backing [2] - Major developed countries are prioritizing the issuance of stablecoins to address the impacts of digitalization on financial systems and to secure a competitive edge in future international financial regulations [3] - The U.S. Senate passed the "Stablecoin Innovation Act" to promote stablecoins as a mainstream payment method, while Japan has implemented regulations to ensure that only fiat-backed stablecoins can be used as payment instruments [3] Group 3 - Stablecoins offer significant advantages over traditional banking payment systems, including faster transaction times and lower costs for cross-border payments, making them a compelling option for international financial markets [4] - The Bank for International Settlements (BIS) has recommended that central banks expedite the tokenization of their currencies, highlighting the need for regulatory frameworks to mitigate risks associated with stablecoins [4] - The emergence of stablecoins is likely to disrupt existing financial systems, necessitating ongoing attention and optimization of their operational mechanisms [4]