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China’s stablecoin bind: why US dollar tokens matter – and how Beijing may respond

Once a niche corner of the cryptocurrency world, stablecoins have surged into the global spotlight this year, prompting analysts and industry insiders to declare that the digital asset’s time has come.
In July, US President Donald Trump signed the GENIUS Act into law, establishing the first federal regulatory regime for stablecoins – a move many believe could pave the way for mass-market adoption.
Shortly after, Hong Kong introduced its own ordinance, which took effect on August 1, requiring…

Revealed: Huge shortfall in NHS funding for weight-loss jab

So little money has been set aside by the NHS for the rollout of the Mounjaro weight-loss jab in GP surgeries that as few as one in five people with life-threatening obesity is likely to get treatment, new research shows.

China eyes honing its bond issuance mechanism to boost yuan’s global role

China’s central bank and finance ministry have discussed creating a better mechanism for issuing sovereign debt overseas, as Beijing eyes a greater global role for the yuan amid wavering confidence in the US dollar.
Beijing has been upping efforts to increase the use of its currency in international markets in recent months, as trading in US dollar assets becomes increasingly volatile amid President Donald Trump’s tariff blitz, aggressive spending plans, and attempts to interfere in the workings…
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