StableNomad

According to reports, the Hong Kong Monetary Authority may reduce the number of licenses for the first batch of stablecoin issuers to three to four. Currently, several Chinese-funded banks' branches in Hong Kong and Chinese-funded brokerage branches are actively preparing to participate in compliance stablecoin business, including Bank of China (Hong Kong), Bank of Communications (Hong Kong), China Construction Bank (Asia), China International Capital Corporation, and Guotai Junan International, planning to involve stablecoin issuance, custody, and other aspects. Insiders say that our country
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