Eddie Yue, Chief Executive of HKMA, announced restrictions on stablecoin licenses to ensure only prudent firms enter the market. This reflects a broader global trend focused on risk management and investor protection.
Tether USDT (USDT), despite ongoing regulatory changes, maintains a trading volume of 146.70 billion USD and stability with a price of 1.00 USD. The market remains resilient, suggesting a cautious but optimistic outlook for industry participants.
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