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Hong Kong passes stablecoin bill, one step closer to issuance

HONG KONG (Reuters) -Hong Kong's legislature passed a stablecoin bill on Wednesday that establishes a licensing regime for fiat-referenced stablecoin issuers in Hong Kong, providing regulatory clarity for upcoming stablecoin issuers. Under the new regime, any person who issues stablecoins in Hong Kong - or issues stablecoins backed by Hong Kong dollars, whether within or outside the city - must obtain a licence from the Hong Kong Monetary Authority (HKMA), according to a government press release. Hong Kong has been stepping up efforts to introduce a regulatory regime to develop its own stablecoin, thereby enhancing the city's competitiveness as a global digital asset hub.

Prediction: These 3 Monster Dividend Stocks Will Continue Crushing the S&P 500 Beyond 2025

Deere is delivering strong results despite a choppy operating environment. Sunoco recently announced the acquisition of Parkland -- a transaction that will provide immediate benefits. Three Motley Fool contributors were asked to outline why Deere (NYSE: DE), Cheniere Energy Partners L.P. (NYSE: CQP), and Sunoco L.P. (NYSE: SUN) are three dividend stocks that can continue outperforming the S&P 500 (SNPINDEX: ^GSPC) beyond 2025.