On March 12, the Hong Kong Monetary Authority (HKMA) launched what is known as the stablecoin issuer sandbox arrangement. The HKMA stated that applicants interested in establishing a stablecoin business in Hong Kong should have a sound business plan. The regulator also clarified that admission into the sandbox does not imply endorsement or support for […]
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Fresh US inflation data released Tuesday delivered an upside surprise that markets were not fully prepared for. Headline CPI rose 3.8% year over year in November, above the...
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