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According to reports, Hong Kong announced that its Stablecoin Ordinance will take effect on August 1, 2025.
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🐳 This whale opened $114,500,000 in #ETH & #SOL longs $ETH $SOL #ETH #sol
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#CryptoFees101 In crypto trading, fees vary by type of trade. Spot trading fees are usually a percentage of each transaction, commonly around 0.1%. Futures trading fees often include maker and taker fees—makers add liquidity and usually pay less (e.g., 0.02%), while takers remove liquidity and pay more (e.g., 0.05%). Withdrawal fees also apply when moving assets off the exchange. To optimize costs, use limit orders to qualify for lower maker fees, trade on exchanges with competitive fee structures, and consider holding the platform’s native token (like BNB on Binance) for fee discounts. Additionally, avoid overtrading and monitor
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#BigTechStablecoin The digital finance landscape is changing fast, and now all eyes are on what could become the most disruptive move yet: a stablecoin issued by a Big Tech company. Imagine Apple, Amazon, or Meta launching their own dollar-pegged digital currency — the implications for global payments, DeFi, and remittances are massive. With scale, trust, and user bases in the billions, Big Tech could finally bring crypto to the mainstream. But questions around decentralization, control, and regulation loom large. Are we ready for a stablecoin that's truly borderless but controlled by tech giants?
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$USDC Stablecoins are an intriguing piece of the evolving financial landscape. Their promise of price stability—compared to traditional cryptocurrencies—makes them an attractive option for payments. But whether they become the **default** for global transactions depends on several factors: 1. **Regulatory Acceptance** – Governments and financial institutions will need to create clear policies for stablecoin adoption. 2. **Scalability & Adoption** – Businesses and individuals would need to widely embrace stablecoins, integrating them into everyday transactions. 3. **Trust & Transparency** – Stablecoins must maintain user confidence through strong auditing and backing mechanisms. 4. **Competition from CBDCs** – Central Bank Digital Currencies (CBDCs) could fill the same niche, potentially limiting stablecoin dominance. Right now, stablecoins are making waves in remittances and cross-border payments, but whether they take center stage worldwide is still an open question.
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🚨 President Trump is planning to give TikTok another lifeline. With a mid-June deadline approaching and trade talks with China in limbo, Trump is expected to sign an executive order staving off enforcement of a law banning or forcing the sale of the app, according to people #TrumpTalk
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