// Eventually, IDA aims to expand its offerings beyond Hong Kong, targeting other U.S. dollar-pegged economies and other nations along the Belt and Road and Global South initiatives, the press release reads. The funding round comes as the HKMA announced its stablecoin sandbox participants, who will begin testing digital currencies backed by fiat. https://crypto.news/hong-kongs-stablecoin-issuer-ida-raises-6m-in-round-led-by-cmcc-global-and-hashed/ //