๐ญ๐ฐ Urgent: Ant International, the owner of Alipay, seeks to obtain stablecoin licenses in Hong Kong and Singapore!
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๐ Details:
Ant International, the owner of the giant payment platform Alipay, announced its intention to apply for stablecoin licenses in both Hong Kong and Singapore, with new regulations coming into effect next August.
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๐ Why is this important?
โ Reflects major companies' readiness to comply with regulatory requirements in Asia
โ A significant step towards integrating stablecoins into global payment systems
โ Enhances Asia's status as a major hub for Web 3 technologies and digital finance
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๐ Market Trend:
With the new regulations coming into effect, an increase in demand for regulated stablecoins is expected, opening the door to further innovation in the digital financial sector.
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โDo you think stablecoins will lead the next transformation in the world of payments?
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