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Debate Over SEC Approval Process Intensifies Amid BlackRock's Ethereum Trust Fund Move#StablecoinLaw $XRP #PowellVsTrump $BNB #StablecoinLaw $ETH
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#GENIUSAct $ETH #AltcoinBreakout $BTC Hong Kong's Stablecoin Regulations Set to Enhance Financial Market Stability ๐ฅ๐ฅ๐ฅ According to Odaily, as the Stablecoin Ordinance is set to take effect on August 1, Hong Kong Financial Development Council Chairman Hong Pi emphasized the role of stablecoins in the digitalization of Hong Kong's financial market. He stated that stablecoins should maintain stability rather than be subject to short-term speculative manipulation. Hong noted that dozens of companies are interested in applying for stablecoin business licenses, indicating that while development will take time, Hong Kong is already among the global leaders in this field. Furthermore, Hong is advocating for Hong Kong to position itself as a financial hub for the 'Global South,' leveraging stablecoin development to aid in diversifying investment and mitigating supply chain risks๐
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Ethereum ETF Staking Approval Timeline Extended$BTC #BinanceHODLerC $BNB #CryptoMarket4T $XRP
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The global crypto market cap has surged past $4 Trillion, driven by massive institutional inflows into BTC and ETH. Such a rapid increase in market cap signals a new era for
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Stablecoin Market Cap Reaches $261.493 Billion with USDT Leading
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Bitcoin's Price Surge Anticipated with ETF Inflows
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