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Business · ChinaChina's industry body warns against illegal fundraising risks related to stablecoins amid cryptocurrency market frenzy. Some unscrupulous entities lure investors with promises of high returns under financial innovation claims. An index tracking stablecoins has surged in China, while Hong Kong races to regulate digital finance.See the Story
Crypto Caution: The Risky Rise of Stablecoins in China
67% Right coverage: 3 sources

Stock Markets · United StatesRobinhood Markets Inc. (NASDAQ:HOOD) ended the week on a strong note, trading higher and hitting a new all-time high. What To Know: The stock has surged more than 115% in the past quarter, fueled by a wave of announcements tied to its growing presence in the cryptocurrency space. This week's rally came after the company launched Ethereum and Solana staking for U.S. users and rolled out tokenized equities across the European Union. The staking up…See the Story
Robinhood Surges To All-Time Highs This Week After Crypto Expansion, Despite Regulatory Scrutiny - Robinhood Markets (NASDAQ:HOOD)
100% Center coverage: 2 sources