Hong Kong regulators warn against hype-driven stablecoin market swings

Hong Kong’s financial regulators cautioned investors to avoid making impulsive bets on stablecoin-linked assets after a spate of sharp price swings tied to speculation, corporate announcements, and unverified claims about licensing plans in the city. source: https://cryptoslate.com/hong-kong-regulators-warn-against-hype-driven-stablecoin-market-swings/