Asia’s crypto week highlights SOL ETF approval, Russian financial reforms

Hong Kong has approved the first Solana (SOL) spot ETF, set to launch on October 27 with a management fee of 0.99%. This marks a significant milestone for institutional investors interested in Solana.

Kyrgyzstan plans to issue a national stablecoin on the BNB Chain, while Russia’s Finance Minister announced legislative support for using crypto in foreign trade. This indicates a growing trend towards crypto adoption in both regions.

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