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PANews reported that Tencent is recruiting a financial product manager specializing in cross-border payments in Shenzhen, with responsibilities involving digital asset research, account abstraction, and payment compliance processes.
Gold House stated that its parent company has reached a cooperation agreement with the Canadian licensed MSB company LUMINOUS FINANCE LIMITED, intending to advance digital currency exchange, fiat currency deposits and withdrawals, cross-border transfers, and merchant settlement services.
PANews reported that Coinbase CEO Brian Armstrong said on X that stablecoins allow users worldwide to hold major fiat currencies such as USD and transfer them instantly at a cost of less than 1 cent.
