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    Beijing’s crypto warning casts shadow over Hong Kong’s stablecoin ambitions

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    Source: South China Morning Post
    Published: 2025-12-01 21:30 UTC+10:00
    Section: General
    Factuality Score: 92
    Opinion Category: Neutral
    Topics: Technology & AI, China, Asia Pacific
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    Snippet:
    Hong Kong’s pioneering stablecoin rules have attracted 30 applicants – will Beijing’s latest warning force the city to rethink its ambitions?
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