ICBC Asia and HSBC have expressed their intention to apply for a stablecoin license to the Hong Kong Monetary Authority.
According to a report by Jinse Finance, The Hong Kong Economic Journal has released market news stating that ICBC Asia and a certain exchange have expressed their intention to apply for a stablecoin license to the Hong Kong Monetary Authority. It is still unclear whether the exchange will officially submit the application before the end of this month.
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