Crypto News Today: HashKey Launches Hong Kong IPO, Malaysia Intensifies Bitcoin Mining Crackdown, Cardano Volume Surges

HashKey begins one of Hong Kong’s biggest crypto IPOs, targeting $215M to expand infrastructure and regulated digital asset services.

Malaysia intensifies enforcement against illegal Bitcoin mining after $1.1B in electricity losses, deploying drones and multi-agency teams.

Cardano, Zcash, and euro stablecoins show renewed network momentum as new tokens, fee reforms, and MiCA regulations boost activity.

The global crypto industry saw major developments across exchanges, regulatory enforcement, blockchain ecosystems, ETF flows, and stablecoin markets. From HashKey’s long-awaited Hong Kong IPO to Malaysia’s anti-mining campaign, here are the top stories in today’s digital asset space.