Hong Kong 🇭🇰 stablecoin license about to be issued‼️
According to market news:
• Expected to issue 3-5 licenses
• Currently 36 institutions have applied
• Approval rate likely below 10%
The most concerned market question is:
Who is most likely to get the first batch of licenses?
Currently, the main camps discussed in the industry mainly include:
I. Internet and Industrial Capital Camp
• JD.com
• China Times Publishing
• Bonded Technology
• Cuiwei Co., Ltd.
II. Fintech Camp
• Ant Group related ecosystem
• Xinneng Technology
• Langxin Technology
• Jinzheng Technology
III. Traditional Finance a
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