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All You Need to Know about Hong Kong’s Stablecoin Day One
Hong Kong officially enforces its comprehensive Stablecoin Ordinance today, August 1, 2025. This regulatory milestone transitions stablecoins from speculative crypto narratives into programmable financial infrastructure. The framework positions Hong Kong as a strategic hub for compliant digital finance. Regulatory Transformation and Market Dynamics Why Important: The passage of the GENIUS Act legitimizes dollar-backed stablecoins in … Continued
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