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flag Hong Kong enacts strict new regulations for stablecoins to boost investor trust and digital asset growth.

flag Hong Kong has enacted a new law to regulate stablecoins, requiring issuers to obtain a license and meet strict reserve and capital requirements. flag This move aims to boost investor trust and could spur growth in digital asset investments. flag The ordinance also sets a precedent for virtual asset regulation, potentially influencing the adoption of stablecoins and the digital yuan in other parts of China.

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