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Jinse Finance reported that the U.S. Securities and Exchange Commission (SEC) must approve or reject Grayscale's HBAR spot ETF by November 12, with no further extensions allowed. If approved, this ETF will become the first HBAR spot ETF in the United States, allowing investors to access Hedera network's native token HBAR through this regulated channel. The decision comes against a backdrop of increasing regulatory scrutiny and rising institutional demand for altcoin ETFs.

BlockBeats News, November 3, Hong Kong Financial Secretary Paul Chan stated at Hong Kong Fintechweek 2025 that Hong Kong's financial regulators shoulder a dual mission: regulation and promoting market development. While encouraging innovation, it is also necessary to ensure the real applicability of digital asset regulation, investor protection, and financial stability. Whether it is for digital asset trading platforms or stablecoins, we adhere to the principle of "same activity, same risk, same regulation." In particular, our regulatory approach to stablecoins is clear: stablecoins are not for investment or speculation, but to facilitate cost reduction, cross-border transactions, and real economic activities. This is why, under the licensing regime, approval for stablecoin licenses is only granted to applicants with a sustainable and robust business model and real use cases.