Hong Kong has taken significant steps by announcing stablecoin regulations to be enforced starting August 1, 2025. This initiative is expected to attract institutional investors and bolster market confidence in the digital asset landscape.
Recently, Bitcoin (BTC) experienced a price drop of 0.86%, trading at 101,884.70 USD, with a market capitalization of approximately 2.03 trillion USD. Hong Kong’s regulatory clarity is anticipated to foster greater institutional involvement in digital finance.
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