Ant Group responds to applying for a stablecoin license in Hong Kong: will submit as soon as the relevant channel opens

ChainCatcher news, according to Jinshi citing The Paper, 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 and expanding cooperation in global financial asset management, 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 Bill', which will take effect on August 1, and we hope to submit our application as soon as the relevant channels are opened, contributing more to the construction of Hong Kong as a future international financial center," Ant International stated.