Crypto Crossroads: U.S. Hits Policy Fast‑Track, China Eyes Controlled Stablecoins

The U.S. just passed the GENIUS stablecoin law and launched SEC-led ’Project Crypto,’ while China’s Shanghai regulator quietly met to consider a yuan-backed stablecoin—despite still banning trading. Meanwhile, Hong Kong-listed firms raised $1.5B to enter stablecoin/crypto space. The two economic powers are carving out distinct paths—but both signal opportunity for next‑gen digital finance. Which lane are you trading?

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