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China SanSan Media plans to apply for a Hong Kong stablecoin license

2025-07-15 18:35:18
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ChainCatcher news, according to Zhitong Finance, China SanSan Media (08087.HK) announced that the group plans to apply for a stablecoin-related license in Hong Kong.

The funds required for the application will be allocated from the company's existing cash reserves and the net proceeds from the placement of new shares under the general authorization.

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