Florida Considers BTC Inclusion while Hong Kong Giants Pause Stablecoin Plans

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Florida announced plans to permit Bitcoin and ETFs in state and pension fund portfolios, marking a significant shift in institutional cryptocurrency adoption at the state level.

In Hong Kong, major tech companies Ant Group and JD.com have temporarily suspended their stablecoin development plans. Meanwhile, Japan’s Financial Services Agency (FSA) made a progressive move by announcing that banks will be permitted to hold cryptocurrency for investment purposes.

Source: Weekend Recap Headlines

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