ASIAN MARKETS
Asian Markets
HKMA Reports Stable HKD Trading as Monetary Base Hits HK$2.04 Trillion
Hong Kong's Currency Board confirms orderly HKD markets with exchange rate trading 7.7673-7.7900 against USD. Aggregate Balance steady at HK$54 billion.
Asian Markets
Conflux to Deploy Uniswap v3 on Its Blockchain
Conflux plans to deploy Uniswap v3 on its blockchain, which would offer access to millions of potential new users, particularly in China and Asian markets. This comes days after the Uniswap v3 code license expired, allowing developers to fork the protocol and deploy their own decentralized exchange. Conflux has a market capitalization of nearly $1 billion and has $45 million in total value locked on-chain. The network also announced a partnership with China Telecom to develop a blockchain SIM card.