The listed company Nano Labs plans to apply for a business license for Hong Kong dollar and offshore renminbi stablecoin

ChainCatcher news, according to GlobeNewsWire, Nasdaq-listed company Nano Labs Ltd (NA) announced plans to collaborate with other entities to apply for relevant licenses to conduct Hong Kong dollar and offshore renminbi stablecoin business.

This move comes after the Hong Kong stablecoin legislation officially takes effect, which will be implemented on August 1, 2025. At the same time, Nano Labs also plans to develop a stablecoin technology framework, focusing on blockchain networks such as Bitcoin and Binance Coin.