The digital currency sector fluctuated and hit the daily limit up of Kaohsiung Emperor Technology

The digital currency sector experienced abnormal movements and rose, with Xiongdi Technology hitting the limit up, Hailian Jinhui previously closed, Sifang Jingchuang rising over 10%, and Jida Zhengyuan, Lakala, Airong Software, Meixin Technology, Sci Tech Innovation Information and others following suit. On the news front, the US Congress is pushing for two key stablecoin legislation. Previously, the Hong Kong Legislative Council passed the "Stablecoins Bill" on May 21, 2025, which means that the Hong Kong Special Administrative Region of China will begin to establish a licensing system for stablecoin issuers.