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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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The CEO of Yuan Coin Technology Talks About Stablecoin Regulation: Discussing the ERC-3643 Standard and Preparing to Launch HKDR
[Coin World] On August 13, it was reported that Liu Yu, the CEO of Yuan Coin Technology, revealed in a recent interview that strict regulation of stablecoins is inevitable. Currently, the "ERC-3643" token standard possesses strong regulatory attributes, such as requirements for identity verification and permission restrictions, which may become a way for potential issuers, financial institutions, and virtual asset service providers (VASP) to operate in compliance under the current regulatory framework.
The Yuan Coin Technology website has displayed "Hong Kong Dollar stablecoin HKDR (coming soon)" and has a dedicated page introducing HKDR. In this regard, Liu Yu stated that the company will make every effort to promote it and is confident that it will ultimately succeed in obtaining the license.