Ant International responded to reports that it plans to apply for a stablecoin license in Hong Kong and Singapore, saying that it is accelerating investments and expanding partnerships in global financial asset management, and will deploy our AI, blockchain, and stablecoin innovations into real and reliable large-scale applications. "We welcome the Hong Kong Legislative Council to pass the 'Stablecoin Bill' draft, which will take effect on August 1st and submit the application as soon as the relevant channels are opened, hoping to contribute more to the future international financial center in Hong Kong." Ant International said.
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