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Hong Kong Crypto Regime Grants First License to HashkeyA Hong Kong financial services company aims to start an exchange-traded fund investing directly in Bitcoin this quarter as the city pushes. The proposed regulatory system would require fiat-backed stablecoin issuers to obtain a license from the Hong Kong Monetary Authority. Read more. Hong Kong, which turned crypto-friendly last year, may follow suit if the U.S. approves a spot bitcoin ETF, industry leaders say.
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