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CoinOtag 2024-07-19 09:49:54

Hong Kong Launches Stablecoin Sandbox with Standard Chartered and Animoca Brands

Hong Kong has announced the first cohort of participants in its stablecoin sandbox initiative, including prominent entities such as Standard Chartered Bank and Animoca Brands. This initiative is part of Hong Kong’s broader strategy to establish itself as a leading crypto hub. Officials have stipulated that these participants are not permitted to solicit public funds

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