#RWA

August has started a new month, and this month is still crucial.

The Hong Kong stablecoin regulations have begun to take effect, although the first photograph might take until next year. Next could be some companies submitting photo applications, which might trigger a wave of market activity.

Then there's the action from Boss Trump; tariffs are due again, so what will happen? Will there be continued delays and discussions?

Today, non-farm payroll data will be released, along with other subsequent data, all of which are related to whether the Federal Reserve will cut interest rates next month.