Hong Kong's HKMA has issued repeated warnings against speculative activity in the stablecoin market, as new regulations take effect and trading volumes surpass $27.6 trillion globally.
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SCMP - Hong Kong HKMA's Stablecoin Market Speculation Warning Justified

Hong Kong's HKMA has issued repeated warnings against speculative activity in the stablecoin market, as new regulations take effect and trading volumes surpass $27.6 trillion globally.

Yonhap Infomax