Hong Kong issues stablecoin licenses

Hong Kong will begin granting first fiat-referenced stablecoin licenses in March under new regulatory framework.

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BTC FAHMIEdited
Bullish

BTC looking strong here, I’m leaning LONG.


Entry: 73,300 - 73,550

TP1: 74,100

TP2: 74,800

SL: 72,750

Leverage: 5x - 10x max


Clean bounce from the low and buyers pushed it back above the short MAs fast. Momentum still looks decent, so as long as it holds the 73.1k area I’d stay with the bulls.


Not chasing a crazy wick though, better on a small pullback. BTC moves fast when it wants to, so manage it tight.

$BTC #Stablecoin freeze authority debate #Hong Kong issues stablecoin licenses #Isle of Man legalizes data as asset #Clarity Act stablecoin ban

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den***@gmail.com

🔴 How can the indicators move now?

⚖️ The market is currently between two main scenarios:


1⃣ Bullish scenario (surprising but possible):

• The market has started to ignore negative news

• Investors are pricing in long-term inflation without a collapse

• Continued momentum in sectors such as technology and artificial intelligence


2⃣ Bearish scenario (if the situation worsens):

• Direct military escalation (strikes / expansion of the war)

• Oil remaining above $110

• Strong rise in yields and the dollar


#HongKong issues stablecoin licenses

#Japan launches a foundational AI model company

#Transparency law faces risk of delay until 2030

$BTC

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Baskan064066
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crypto_ku

$MEZO

Reaching a price of $0.065 is very easy as a first target with a 100% success rate due to its small market cap.

The second target is $0.09.

The project is based on Bitcoin lending, making it very easy to launch after the $BTC decline, which will aid its success. We wish you high profits.

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BeInCrypto

. @circle CEO @jerallaire defends not freezing $USDC in the $280M Drift Protocol exploit. He says Circle only acts under legal orders, not discretion. ~$230M $USDC reportedly moved without being frozen, fueling criticism. Allaire warns unilateral action creates a “moral quandary.” Should issuers have more power to act faster?

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Danny Kunwoong Park

NEW: Circle CEO Jeremy Allaire on online criticism of not freezing USDC in defi exploits "Circle follows the rule of law, and we are able to undertake actions such as freezing a wallet at the direction of law enforcement or the courts." Allaire added that a private company should not get to decide which wallets they freeze, as it could lead to “significant moral quandary” @circle and @jerallaire faced harsh criticism from the likes of @zachxbt when it did not freeze USDC stolen from Drift protocol, but froze other wallets seemingly connected to less urgent situations.

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Olik

Based on my research, @StandX_Official offers important features for investors. For example, while you’re trading, your collateral isn’t just sitting idle it continues to generate returns for you. There’s no need for additional trading or staking. I’m optimistic about $DUSD. I’ve seen that returns aren’t eroded by inflation. They come from funding fees and staking. All I have to do is hold my assets and earn. Generating returns in the background with StandX is now very easy. I believe stablecoins are evolving with DUSD. The logic is very simple: it operates with USDT and distributes the generated returns to DUSD holders. With StandX, I see an infrastructure focused on addressing inefficiencies. We should continue to review and research.

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Nifty

IMF warns stablecoins risk bank runs if reserves are risky, citing Tether's Bitcoin holdings. Central-bank reserves are safest but cut issuer yields and supply. IMF proposes revenue like interest on reserves or payment-data fees. My view: sensible but politically hard.

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