Ant International responds to the application for stablecoin license in Hong Kong: will submit as soon as relevant channels are opened.

Gate News bot message, in response to reports that Ant International is planning to apply for stablecoin licenses in Hong Kong and Singapore, Ant International stated that it is accelerating investment in global financial management and expanding cooperation, putting our AI, Blockchain, and stablecoin innovations into real and reliable large-scale applications.

"We welcome the Hong Kong Legislative Council's passage of the 'Stablecoin Ordinance Draft', which will take effect on August 1 after the related channels are opened. We hope to contribute more to the construction of Hong Kong as a future international financial center," said Ant International.

Source: Jinshi

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