Coin World News reports that Hong Kong-listed company Huajian Medical announced that it has established a wholly-owned subsidiary IVD GROUP in the state of New York, USA. This American subsidiary will be the core operating entity for advancing the IVDNewCo Exchange strategy in the United States. In addition, the American subsidiary has officially initiated the process of submitting a stablecoin license application to relevant US regulatory agencies (including but not limited to the SEC and CFTC). This move is a substantial advancement of the group's 'US stablecoin license application plan' mentioned in the previous announcement, demonstrating the group's execution capability and foresight in global compliance layout. (Zhitong Finance)