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Alchemy Pay today announced the official launch of the Alchemy Chain mainnet, which focuses on stablecoin payments and aims to build a global compliant stablecoin payment network.Alchemy Chain is positioned as the world's first payment public chain that connects the dual compliance frameworks of Europe's MiCA and Hong Kong's HKMA, and will natively issue its own stablecoin, facilitating enterprise-level settlement networks across the EU, Asia-Pacific, Africa, and the United States.Alchemy Chain launched its testnet in March this year, and since its launch, the number of test addresses has exceeded 160,000.

ChainCatcher news, according to Cointelegraph, blockchain service solution provider SOS Limited has received a non-compliance notice from the New York Stock Exchange (NYSE) due to poor stock performance. The trading price of its American Depositary Shares (ADS) has fallen below $1 for 30 consecutive trading days. According to legal requirements, SOS must restore its stock price and average stock price to above $1 within six months, or it risks being suspended and delisted from the New York Stock Exchange.This non-compliance notice will not have a direct impact on the listing of the company's American Depositary Receipts, and during the six-month remedy period, as long as it meets the other listing requirements of the New York Stock Exchange, the company's American Depositary Receipts will continue to be traded on the New York Stock Exchange.

ChainCatcher live report, the 2024 Hong Kong Web3 Carnival opened today at the Hong Kong Convention and Exhibition Centre. HashKey Group COO and HashKey Exchange CEO Ong Siu Ki shared insights on global regulatory dynamics and the current state of crypto compliance in Hong Kong during his keynote speech in the afternoon. He also proposed six follow-up market highlights:Market pressure from the clearing of non-compliance risksTiming and magnitude of US dollar interest rate cuts (election year)Short-term impact of Bitcoin halving and reduction of net selling pressure in the medium to long termApproval of Hong Kong spot ETFs bringing in Asian capitalETH spot ETF: US vs Hong KongPopular DApps driving an application revolutionIn addition, Ong Siu Ki revealed that on April 8, HashKey Exchange will announce significant updates, presenting a brand new service approach for Web3 users.

ChainCatcher News: U.S. Congressman Tom Emmer stated on social media that the SEC has suffered consecutive defeats in the Ripple case and the Grayscale case. He will continue to monitor the outcomes of pending lawsuits, but policymakers should clearly recognize that, despite SEC Chairman Gary Gensler's extensive promotion, the crypto industry is not "rife with non-compliance."