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After a period of consultation, Hong Kong’s financial regulators have finalized a licensing program initiative for fiat-referenced stablecoin (FRS) providers. This initiative received feedback from various stakeholders, showing overwhelming support for the need for a regulatory regime for FRS issuers. The regulators believe that this is necessary due to the rapid growth of digital assets
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Cardano (ADA) has recently seen a 40% increase from its lowest point this month, yet it is still significantly down from its peak earlier this year by 45%. Despite being a major player in the cryptocurrency world, Cardano has been facing immense pressure in recent months. External data reveals a concerning trend in the decrease
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Delabs Games, a prominent South Korean game development company, has once again made waves in the gaming industry with their latest creation – Giga Chad Bat. This clicker game, based on baseball, is now available on the popular messaging platform Telegram. With Web3 capability and a focus on user engagement, Giga Chad Bat is aiming
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The latest study conducted by Social Capital Markets has unveiled a significant surge in lobbying expenditures within the crypto industry over the past seven years. The data reveals a staggering 1,386% increase in lobbying spend by crypto companies, soaring from $2.72 million in 2017 to an astonishing $40.42 million in 2023. This surge highlights a
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