According to @business, US stablecoins are poised to trigger a new wave of dollarization even as China pushes for a greater global role for the yuan, a macro backdrop that directly affects crypto liquidity and settlement rails (source: Bloomberg/@business, Oct 8, 2025). For traders, this highlights monitoring USD-pegged stablecoin pairs such as USDT and USDC for changes in volume, spreads, and funding during Asia and emerging markets trading hours (source: Bloomberg/@business, Oct 8, 2025). The post also flags potential policy-divergence risk between dollar-linked stablecoins and yuan promotion, making headline-driven volatility in FX-sensitive crypto pairs and stablecoin premiums or discounts on regional venues a key watch (source: Bloomberg/@business, Oct 8, 2025). The post provides no additional data; review the linked opinion for full context before positioning (source: Bloomberg/@business, Oct 8, 2025).

According to the source, Beijing is continuing to crack down on attempts to circumvent China’s crypto ban, in line with the September 24, 2021 joint notice that deems all virtual-currency-related business activities illegal and bars overseas exchanges from serving mainland residents (People’s Bank of China, Sept 24, 2021). For traders, enforcement typically targets onshore OTC and P2P ramps converting CNY into stablecoins such as USDT, an activity repeatedly exposed in money-laundering and underground banking cases announced by law enforcement in 2023–2024 (Ministry of Public Security, case bulletins 2023–2024). This enforcement constrains CNY-side liquidity and access to USDT on the mainland by criminalizing on- and off-ramps, while spillover to Hong Kong spot BTC and ETH ETFs remains limited because mainland participation is restricted by the 2021 ban and Hong Kong’s authorization applies locally to SFC-regulated funds (People’s Bank of China, Sept 24, 2021; Securities and Futures Commission Hong Kong, Apr 30, 2024).

According to @Excellion, he met with South Korean National Assembly member Min Byung-duk, who proposed the Digital Assets Basic Act in June and introduced an amendment to the country’s BTC spot ETF bill, source: @Excellion. The discussion centered on Bitcoin strategies for Korea and the urgency of national adoption, source: @Excellion. Reporters from Maekyung and News1 were present, and traders can monitor these outlets for follow-up coverage, source: @Excellion. For trading relevance, monitor South Korea’s National Assembly updates and local media for developments on the Digital Assets Basic Act and the BTC spot ETF amendment during Asia market hours, source: @Excellion.

According to @GreeksLive, significant market movements occurred during Asia trading hours, with a market bottom forming during London trading hours. This timing insight is crucial for traders seeking optimal entry and exit points in the volatile crypto market. The observation indicates a potential pattern where market volatility aligns with these trading sessions, offering strategic opportunities for traders to capitalize on price movements.