PANews
PANews|Sep 11, 2025 10:29
[Internet platforms and central state-owned enterprises' Hong Kong institutions may be absent from the first batch of stablecoin license applications in Hong Kong] According to a report by Caixin cited by Jintou, major domestic internet companies may gradually withdraw from cryptocurrency-related businesses, and several central state-owned enterprises and Chinese-funded banks' Hong Kong institutions may also be absent from the ongoing stablecoin license applications in Hong Kong.
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