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Conflux Network, the only regulatory compliant public blockchain in China, today announces its pivotal role in assisting the successful beta-testing of the Hong Kong Dollar (HKD)-backed stablecoin, AxHKD.

Hong kongFan longByron wongHong kong monetary authorityConflux networkTreasury bureauFinancial servicesChina telecomReal world assetsHony capitalConsultation paperDiscussion paperConclusion paperChief compliance officerHong kong dollarLittle red book