Stablecoin

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Hong Kong’s biggest crypto exchange HashKey wins listing nod in test of investor appetite

Crypto exchange operator HashKey Holdings has cleared its Hong Kong listing hearing after an earlier confidential filing, paving the way…

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New Business

US takes crypto industry driver’s seat on back of Trump policy, stablecoin frenzy

The United States is expanding its influence over the US$4 trillion global cryptocurrency industry amid favourable regulation under the Trump…

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New Business

Trump-led crypto venture lauds USD1 stablecoin’s potential for ‘dollarising the world’

At Token2049, World Liberty Financial co-founders Donald Trump Jnr and Zach Witkoff, who serves as CEO, received rock star treatment…

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Will China’s digital yuan centre be a step forward for internationalisation?

China is stepping up efforts to encourage the use of its digital yuan in cross-border payments and overseas markets, offering…

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New Business

Exclusive | Bitcoin Asia kicks off as Hong Kong aims to balance crypto hub goal with risk mitigation

Bitcoin Asia kicked off in Hong Kong on Thursday, as Hong Kong strives to balance its goal of becoming a…

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New Business

HKMA’s strict stablecoin regime to shape Hong Kong’s crypto future

Hong Kong’s stablecoins ordinance, which took effect on Friday, puts cryptocurrency’s most-traded cash substitute under the same regulatory framework as…

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New Business

Chinese digital yuan partner signs deal with Hong Kong firm to develop stablecoin tech

A Beijing-based fintech services provider, which has provided billing systems for China’s digital yuan, has signed a strategic partnership with…

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China Renaissance hits paydirt after stablecoin issuer Circle’s shares double on debut

China Renaissance, which has funded many leading Chinese technology firms, made another winning bet after shares of stablecoin issuer Circle…

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Hong Kong lawmaker calls for support of city’s Web3 sector after Tron founder flags fraud

A Hong Kong lawmaker urged global investors to maintain confidence in the city’s Web3 industry after cryptocurrency mogul Justin Sun…

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New Business

China’s money laundering crackdown heightens risk for crypto investors, USDT traders

China is closely monitoring the use of virtual assets in money laundering activities, according to the country’s highest court, in…

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