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Hong Kong’s financial regulators have recently completed a consultation period regarding the licensing program for fiat-referenced stablecoin (FRS) providers. This initiative has garnered significant attention from various stakeholders in the financial industry. The Monetary Authority (HKMA) and the Financial Services and Treasury Bureau (FSTB) received 108 submissions during the consultation period. The majority of respondents
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Aayush Jindal is a prominent figure in the financial markets, boasting over 15 years of experience in Forex and cryptocurrency trading. Known for his exceptional technical analysis skills, Aayush is a respected advisor and senior market expert who assists investors worldwide in navigating the complexities of modern finance. His journey to success is a result
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In recent years, there has been a significant surge in lobbying expenditures within the crypto industry. A new study by Social Capital Markets has revealed a staggering 1,386% increase in lobbying spend by crypto companies, rising from $2.72 million in 2017 to $40.42 million in 2023. This increase highlights a significant acceleration in lobbying efforts,
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Bitcoin’s price has seen a significant increase recently, surpassing the $62,000 resistance level. This surge in price has sparked optimism among investors, with many speculating that BTC could reach the $63,200 mark in the near future. The cryptocurrency gained bullish momentum above the $60,500 resistance zone, indicating strong support for further price growth. On the