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After a few days of silence, Stables Labs has announced a “USDX Restoration Arrangement” following the depeg of its synthetic stablecoin. It stated that “due to market liquidity conditions and liquida...

Hong Kong’s FinTech ecosystem has expanded significantly over the past decade, with startups tripling to nearly 5,000 and FinTech firms reaching 1,200. Director Xu Zhengyu highlights AI, blockchain, a...

Japan’s financial regulator, the FSA, has officially announced its support for a stablecoin pilot involving the country’s three largest banks....