Guojin Securities: Sandbox Test Companies Like Ant Group Are More Likely to Be Among the First to Obtain Stablecoin Licenses
According to a report by Jinse Finance, Guojin Securities stated in its stablecoin report that the Hong Kong stablecoin issuer sandbox has been in operation for over a year. It is expected that a single-digit number of licenses will be issued within the year, with companies participating in the sandbox testing and those with practical application scenarios, such as Ant Group, more likely to be among the first to obtain licenses.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Russian crypto legislative advisor proposes amnesty for illegal miners to encourage legalization and regulation
A whale borrowed 5.5 million USDT from Aave to purchase 60.07 WBTC
MegaETH will refund all funds raised through the pre-deposit bridge
Morpho to launch Japanese yen stablecoin JPYC
