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BlockBeats News, December 17th, according to Hyperinsight monitoring, "Big Brother MaJi" Huang Licheng deposited approximately 1.1997 million USDC to Hyperliquid again 7 hours ago to continue longing ETH. Currently, this money has been used to open a 25x ETH long position, with a position of 4050 ETH, equivalent to about $1.19 million, with a liquidation price of $2,694. Currently, "Big Brother MaJi" has accumulated a loss of $21.21 million on Hyperliquid.

Jinse Finance reported that the Bank of Canada stated that under the country’s expected new regulatory framework for stablecoins, which is set to be introduced in 2026, only high-quality stablecoins pegged to central bank currency will be approved. This is to ensure that stablecoins can serve as a form of “high-quality money.” Bank of Canada Governor Tiff Macklem told the Montreal Chamber of Commerce on Tuesday: “We want stablecoins to become a high-quality form of money, just like cash or bank demand deposits.” Macklem suggested that stablecoins must maintain a 1:1 peg with a central bank currency, and their reserve assets must be “highly liquid, high-quality assets.” Such assets should be quickly convertible to cash, with short-term government bonds and treasury bills being typical examples. This statement follows the release of Canada’s 2025 budget report. The report, published in early November, clearly requires stablecoin issuers to hold sufficient reserves, establish sound redemption policies, and set up various risk management frameworks, including measures to protect personal financial data.