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Hong Kong and the US aim for stablecoin regulations by 2024

Joseph Chan Ho-Lim, Under Secretary for Financial Services and the Treasury of the government of Hong Kong, said that over the past five years, Hong Kong has emerged as a growing destination for fintech firms. Chan added that authorities are actively working to promote the Web3 ecosystem with a focus on investor protection.

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Source: Cryptocurrency - investing.com

Fed seen holding rates steady this week after inflation data

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