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Rumored to Apply for Stablecoin License in HK, Ant Int'l Says to Submit Application as Soon as Channel Opens
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It is reported that Ant International is planning to apply for a stablecoin license in both Hong Kong and Singapore.

Ant International, while responding to media inquiries, stated that it welcomes the passage of the Stablecoins Bill by the Hong Kong Legislative Council. The company will submit its application as soon as the relevant channel opens after the bill takes effect on August 1. It hopes that it can contribute further to Hong Kong's development as a future international financial center.

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