Market News: Bank of China Hong Kong Plans to Apply for a Stablecoin Issuer License
2025-08-31 23:53:42
On September 1, it was reported that after the joint venture company led by Standard Chartered Hong Kong officially expressed its intention to apply for a license, BOCHK plans to apply for a stablecoin issuer license and strive to become the first batch of issuers to be approved. The deadline for the first batch of applications is the end of September. BOCHK and the HKMA declined to comment.
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