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Markets remain cautious ahead of the Federal Reserve's interest rate meeting.

U.S. stocks fell in midday trading on Tuesday as investors awaited the outcome of the Federal Reserve's meeting and earnings reports from tech giants. The Dow Jones Industrial Average fell 0.47%, while the Nasdaq and S&P 500 retreated after hitting record highs. Markets are focused on the impact of the US-EU trade agreement, with Germany and France criticizing the 15% tariffs.

Hong Kong Monetary Authority: Stablecoin Issuer Regulatory Regime to Be Implemented on August 1st

The Hong Kong Monetary Authority announced that it will formally implement a regulatory regime for stablecoin issuers on August 1st, granting existing issuers a six-month transition period. Unlicensed stablecoin issuers must wind down their operations in an orderly manner within four months of the legislation taking effect.