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Circle and Hong Kong Telecom Collaborate on Blockchain Loyalty Solutions
- Circle has signed an MOU with HKT to explore a blockchain-based customer loyalty solution for merchants in Hong Kong.
- Hong Kong is considering imposing new tax concessions for virtual assets.
- Circle and HKT partnership aims to modernize business-customer engagement using Web3 technology.
- Hong Kong plans to issue more licenses for cryptocurrency exchanges by the end of 2024.
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