stabecoin
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š©ļø Hong Kong paves the way for the release of #stabecoin
šš» The Hong Kong Monetary Authority (HKMA) has just allowed institutions to test the issuance of stablecoins through a pilot program called "sandbox".
šš» Finance Minister Paul Chan said #sandbox will enable organizations interested in issuing stablecoins to test the issuance process, business model, investor protection and risk management system of stablecoins.
š Cryptocurrency investors are waiting to see the next steps of the HKMA in implementing this sandbox and how it will affect both the industry and the economy #HongKong
#TrendingTopic #SharkCoin
šš» The Hong Kong Monetary Authority (HKMA) has just allowed institutions to test the issuance of stablecoins through a pilot program called "sandbox".
šš» Finance Minister Paul Chan said #sandbox will enable organizations interested in issuing stablecoins to test the issuance process, business model, investor protection and risk management system of stablecoins.
š Cryptocurrency investors are waiting to see the next steps of the HKMA in implementing this sandbox and how it will affect both the industry and the economy #HongKong
#TrendingTopic #SharkCoin
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$USUAL is currently priced at $0.62 with a market capitalization of $214 million, being compared to $BNB for its potential. Built on $ETH blockchain, USUAL is an innovative project focused on decentralized stablecoins backed by fiat, aiming for stability in volatile markets.
Must keep an eye on USUAL, especially with its DeFi potential. If it holds above $0.6, it could move towards the $1 range.
Disclaimer:
ā ļøAll the information shared here is based on my personal knowledge and opinions and is intended for knowledge-sharing purposes only.
ā ļø I am not a financial advisor and will not take any responsibility related to your investments.
#bnb #usual #stabecoin
Must keep an eye on USUAL, especially with its DeFi potential. If it holds above $0.6, it could move towards the $1 range.
Disclaimer:
ā ļøAll the information shared here is based on my personal knowledge and opinions and is intended for knowledge-sharing purposes only.
ā ļø I am not a financial advisor and will not take any responsibility related to your investments.
#bnb #usual #stabecoin
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Binance applies EU MiCA Stablecoin rules
Binance will implement EU MiCA stablecoin regulations on June 30, 2024, which will take effect on June 30, 2024 across the European Economic Area (EEA), requiring issuers Managed stablecoins.
The MiCA stablecoin rules aim to enhance market clarity and stability, potentially increasing regulated Stablecoin adoption.
The important regulatory framework developed by the European Union over many years aims to strengthen supervision and consumer protection in the cryptocurrency market.
The MiCA stablecoin rules aim to enhance market clarity and stability, potentially increasing regulated Stablecoin adoption.
The important regulatory framework developed by the European Union over many years aims to strengthen supervision and consumer protection in the cryptocurrency market.
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Over the past 30 days, over 2 billion USDT has flowed into exchanges. Not to mention over 300 million USDC has also flowed into exchanges. The money flow is still showing signs of positive buying.
$USDC #stabecoin #netflow
$USDC #stabecoin #netflow
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