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Hong Kong warns against unapproved yuan stablecoins amid crypto frenzy

The Hong Kong Monetary Authority (HKMA) cautioned investors that no stablecoins pegged to the offshore yuan had been approved for…

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New Business

Leather goods maker soars 68% after investing US$14 million in tokensation start-up

Leather goods manufacturer China International Development Corporation (CIDC) has invested HK$100 million (US$13.9 million) to acquire a 20 per cent…

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