Ant Digital Technologies Initiates Application for Hong Kong Stablecoin License
On June 12, Bian Zhuoqun, Vice President of Ant Group and President of Ant Digital Technologies’ blockchain business, revealed at the SNEC Shanghai Photovoltaic Exhibition that Ant Digital Technologies has initiated the application process for a Hong Kong stablecoin license and has already held several rounds of discussions with regulators. It is reported that Ant Digital Technologies has designated Hong Kong as its global headquarters this year and has already completed a regulatory sandbox pilot in Hong Kong. On the same day, Ant Digital Technologies and GCL Energy Technology jointly announced the establishment of a new company, “Ant Xinneng.” (Jiemian)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin OG opens 5x ETH short position worth $15.04 million
Current mainstream CEX and DEX funding rates indicate the market remains broadly bearish

The Crypto Fear Index rises to 28, escaping the "Extreme Fear" zone
Analyst: The current macro environment is similar to the pandemic period, and bitcoin still has room to rise
