IDA

🚀 We are excited to announce our latest thought leadership piece: "From Digital Currency to Legal Tender: The Role of Regulated Stablecoins in Driving Real-World Payments," co-published with Quinlan & Associates.📊 We envision a model for stablecoins that is both regulated for user protection and non-captive, enabling broader acceptance. With the recent introduction of the EU’s Markets in Crypto-Assets Regulation (#MiCA), daily trading volumes for stablecoins like #USDC and #EURC have surged, reflecting strong demand for reliable digital assets. 🌍Various jurisdictions, including #HongKong, are developing their own regulatory frameworks for stablecoins.🏦 🏠 For domestic payments, users can benefit from programmable features like scheduled top-ups and instant settlements. ✈️For cross-border transactions, stablecoins offer faster, cheaper, and more transparent experiences. Ultimately, we see the regulatory recognition of this asset class paving the way for stablecoins to evolve from digital currencies to widely accepted legal tender, bridging #Web3 and real-world payments. 🔗 We believe that regulated, non-captive stablecoins could transform Hong Kong's payments landscape, improving both domestic and cross-border transactions through lower costs, enhanced transparency, 24/7 availability, and rapid processing. 💡 📖 View Full Report: https://lnkd.in/gH_68ASm #IDA #Stablecoin #MadeInHK #MadeForHK #Innovation #DigitalAssets

IDA is pleased to participate in the world’s first cross-border Zero-PII (Personal Identifiable Information) KYC Trials initiated by Red Date Technology, powered by China RealDID.  We want to clarify that this trial is purely a technology test case involving no real users. Its purpose is to demonstrate the feasibility of utilizing a third-party database for identification in a Web3 environment. Currently, we are not offering any stablecoin services to individuals in Mainland China. As a digital asset technology company, we are dedicated to supporting the adoption of blockchain finance. Our goal is to contribute to a more inclusive and connected global marketplace by fostering trust, transparency, and efficiency in payments and commerce. We prioritize the security of transactions and strive to comply with all relevant regulations, as we recognize the importance of upholding regulatory standards.

🌄 What a perfect Sunday morning for hiking! A huge thank you to everyone who joined our hike co-organized by EVIDENT, an official event of Blocktober, yesterday! 🙌 Beyond conferences, panel discussions, and after-party drinks, we created something special for the #Web3 community. We explored the hidden gems of Hong Kong's natural beauty! 🌿 We hiked up to #VioletHill for a breathtaking view of #HongKong! 🌅 Afterward, we made our way down the hill to #RepulseBay, where we enjoyed a chill afternoon at Kindhood Hong Kong. ☀️ Stay tuned with us! Let's embrace our well-being and make even more unforgettable memories together next time! 🌿💫 P.S. 🙏 A special thank you to Arnold Wong and Amy Ye for making this happen! #IDA #MadeInHK #MadeForHK #Stablecoins #Collaboration #DigitalAssets Lawrence Chu Sean Lee Florian M Spiegl

🌟 TGIF! Let’s discover the hidden gems of Hong Kong and embrace its natural beauty this weekend! 🌿 IDA & EVIDENT are holding an official Blocktober event: a scenic hike in #HongKong! 🌄 We’re excited to explore the stunning landscapes, starting at Wong Nai Chung Reservoir Park and hiking up to the top of Violet Hill with our #Web3 community this Sunday. 🥾 Enjoy breathtaking views of Hong Kong Island and the New Territories! See ya all this Sun! ✨

🌟 Huge thanks to Chainlink Labs for having us! 🙌 We were thrilled to participate in the world-class Web3 conference, #SmartCon2024, hosted in #HongKong — making it the first Asian city to welcome this amazing event! 🇭🇰✨ #IDA as a premier #HongKong digital asset technology company, our co-founder, Sean Lee had the honor of speaking alongside @RobertPeter from Australia and New Zealand Banking Group, Yue Hong Z. from Boston Consulting Group (BCG), and Benjamin Quinlan of Quinlan & Associates. 🎤 Moderated by Vince Turcotte of Chainlink Labs, this expert panel delved into the Rise of #Stablecoins, focusing on the key differences between regulated stablecoins and #CBDCs, and exploring the vital role stablecoins play globally. 🌍💡 Excited for what’s next in the world of #Web3! 🚀

🚀 Awesome! Sean Lee, our co-founder, was interviewed by Nasdaq #TradeTalks hosted by Jill Malandrino during #SmartCon2024 hosted by Chainlink Labs. Curious about Sean's insights on the #HK #Web3 market, especially regarding the policies between #HongKong and #Singapore, as well as the latest development in blockchain-based electronic payment systems? Catch the full interview https://lnkd.in/gNKXZVqa: Watch Now 🎥✨

🌟 What an incredible fireside chat! Our co-founder, Sean Lee, had the privilege of moderating an engaging discussion at the #SMARTCONTACT series with #JeremyAllaire, co-founder and CEO of Circle — the issuer of the largest regulated #stablecoin, #USDC! Here are some key takeaways: 1️⃣ Global Adoption: Asia is quickly becoming a major hub for USDC, driving institutional adoption and enabling smoother cross-border transactions. 2️⃣ Trust and Compliance: Leading financial jurisdictions are rolling out stablecoin frameworks to build trust and ensure compliance as demand for stablecoins surges. 3️⃣ Bipartisan Support: Stablecoin policy is gaining bipartisan momentum in the US, paving the way for future regulatory frameworks. 4️⃣ Diverse Ecosystem: Non-USD stablecoins, like EURC under the MiCA regime, are proving their vital role in the broader ecosystem. A huge shoutout to Web3 Harbour, Circle, and Invest Hong Kong for making this fantastic event possible! 🚀

🌍 While we're immersed in Hong Kong FinTech Week, Blocktober, and various #Web3 events here in #HK, our co-founder and CEO, Lawrence Chu, is proudly representing us at #FII8 — a premier global conference in Riyadh, Saudi Arabia! 🇸🇦 At #IDA, we’re all about being "Made in HK, Made for HK." Our mission is to play a crucial role in the ecosystem as we develop our #stablecoin, helping to position Hong Kong as a global super connector! 🤝✨ Check out more about Lawrence’s experience at FII8: https://lnkd.in/gNvrMu2n #Collaboration #SuperConnector #HongKong #IDA #MadeInHK #MadeForHK #BeltandRoad

🎉 Exciting News: IDA Partners with Zand for Blockchain-based Cross-border Payments in the Belt and Road Regions! 🌍 We're thrilled to announce our partnership with Zand Bank! Together, we aim to revolutionize cross-border transactions in the Belt and Road regions and BRICS Plus, providing businesses with cost-effective and efficient 24/7 digital payment solutions. ✨ Stay tuned for upcoming collaborative projects related to the Belt and Road Initiative with Zand! We can’t wait to share more! 🚀 👉 Full release: https://lnkd.in/gtmT7YAq #Stablecoins #BeltandRoad #UAE #HK @MichaelChan陈玉涛 Sean Lee

🔥What a fruitful day! This morning, we attended #BEAFintechDay, and then we headed to AsiaWorld -Expo to kick off our sharing at the annual anchor #Web3 event - Hong Kong FinTech Week! 🚀 This time, we discussed not only #stablecoins in #HK but also #UAE 🌏! Patricia Cheung, our COO, was honoured to join fellow ecosystem partner, @MichaelChan陈玉涛, CEO of Zand, along with Wai Lum Kwok, Senior Executive Director - Authorisation & Fintech of #AbuDhabiGlobalMarket, This session was expertly moderated by Daniela Barbosa, GM of LF Decentralized Trust. The distinguished panelists concluded the discussion in 3 takeaways that resonate for both HK and UAE! 🔑 #Compliance + 🔑 #Clarity + 🔑 #RightPartners Speaking of the right partners, stay tuned for our exciting upcoming announcement with Zand! 🎉