Binance News
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Hong Kong Stablecoin License Will Adopt Invitation-Based Application System
According to Foresight News, sources reveal that the license application for Hong Kong stablecoin issuers will adopt an invitation-based application system. The Hong Kong Monetary Authority will communicate in advance with interested applicants to confirm whether they meet the basic application qualifications. Only after obtaining recognition in the pre-communication will the Monetary Authority issue the application form.
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