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Listed company Nano Labs plans to apply for Hong Kong dollar and offshore RMB stablecoin business license

 the listed company NanoLabs Ltd (stock code: NA) announced today that, following the formal implementation of the "Hong Kong Stablecoin Act" (hereinafter referred to as the "Stablecoin Act"), the company plans to collaborate with other entities to apply for a license to operate Hong Kong dollar and offshore renminbi stablecoin-related businesses. At the same time, NanoLabs also plans to build the technical framework for stablecoins, focusing on supporting blockchain networks such as Bitcoin and BNB. NanoLabs looks forward to establishing strategic partnerships to support the stablecoin ecosystem and the broader development of the Web3.0 industry. On May 21, 2025, the Hong Kong Legislative Council passed the "Stablecoin Act," establishing a licensing system for issuers of fiat-backed stablecoins (FRS), further consolidating Hong Kong's position as a global digital asset financial center. On June 6, 2025, the Hong Kong government announced in the official gazette that the law would officially take effect on August 1, 2025. NanoLabs Ltd is a provider of Web3.0 infrastructure and product solutions, dedicated to the research and development of high-throughput computing (HTC) chips and high-performance computing (HPC) chips. The company has built a complete floating point unit (FPU) architecture, integrating the technical characteristics of HTC and HPC to provide integrated solutions to the market.

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