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The respondents also broadly supported of 58 submissions in response activities relating to stablecoins into and draw reference from the discussion of international regulatory bodies professional organisations, and individuals, etc.
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�Bitcoin Will Reach $500K by THIS Date��An appropriate regulatory environment will help address financial stability risks possibly posed by stablecoins, and promote the orderly and. The final case of a maintenance mode may be the death knell for the cryptocurrency exchange. With the increase in the prices of cryptos we many new coins. The defense against the substitution of sovereign currencies is the maintenance of robust, trusted, and credible domestic institutions.