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Foresight News reported, citing Bloomberg, that Hong Kong plans to promote new regulations for cryptocurrency and infrastructure to guide insurance industry investments, with the insurance regulator imposing a 100% risk charge on crypto assets. According to the document, the risk charge for stablecoin investments will be determined based on the fiat currency to which the stablecoin is pegged under Hong Kong regulation. The regulator's proposal may still be adjusted and will be open for public consultation from February to April, after which it will be submitted to the legislative process.

Foresight News reported that Bitget has launched USDT-margined IR and ZKP perpetual contracts, both with a maximum leverage of 20x. Contract trading BOT will be opened simultaneously.

Foresight News reported, according to SoSoValue data, during last week's trading days (Eastern Time, December 15 to December 19), XRP spot ETFs saw a net inflow of $82.04 million. The XRP spot ETF with the highest weekly net inflow last week was 21Shares XRP ETF TOXR, with a weekly net inflow of $23.05 million and a historical total net inflow of $23.05 million; followed by Franklin XRP ETF XRPZ, with a weekly net inflow of $17.17 million, and XRPZ's historical total net inflow has reached $202 million. As of press time, the total net asset value of XRP spot ETFs is $1.21 billion, with the ETF net asset ratio (market cap as a percentage of Bitcoin's total market cap) reaching 0.98%, and the historical cumulative net inflow has reached $1.07 billion.