🇭🇰 Major Move in Hong Kong’s Crypto Push!
Reports suggest Bank of China Hong Kong is preparing to apply for a stablecoin issuer license, positioning itself to be among the first wave of approved issuers under the city’s new regulatory framework.
With the application deadline set for the end of September, this step could mark a pivotal moment — signaling stronger ties between traditional banking and the digital asset ecosystem in Hong Kong.
Both the bank and the Hong Kong Monetary Authority have kept silent so far, but the implications are huge for Asia’s digital finance hub. 🚀
#HongKong #Stablecoin #CryptoNews #BankingInnovation $SUI
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