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Hong Kong Opens Door to Stablecoin License Applications, Anticipating Move by Note-Issuing Banks
20 hour ago /
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Author：小编
In Hong Kong SAR, note-issuing banks, Chinese-funded institutions, sandbox testing enterprises, large state-owned enterprises, and internet giants are eagerly pursuing stablecoin issuer licenses. Conversely, securities firms are focusing on stablecoin trading, custody, financing, and related services, offering digital asset allocation solutions. By the end of July, 44 entities had upgraded their virtual asset trading licenses, positioning themselves for the emerging market.
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