Chuan Lian Lian Digital plans to apply for a stablecoin license in Singapore and Hong Kong and has established a dedicated team to promote the project.

[Chain News] PANews June 14 news, according to the Daily Economic News, informed sources revealed that following the news that Ant International plans to apply for a stablecoin license in Singapore and Hong Kong, Lianlian Digital is also actively exploring the possibility of applying for relevant licenses in the aforementioned regions. Currently, Lianlian Digital has established a dedicated team responsible for promoting stablecoin-related projects and conducting use case studies. Lianlian Digital currently holds a total of 65 payment licenses in multiple regions worldwide, and its wholly-owned subsidiary DFX Labs Company Limited also obtained a Virtual Asset Trading Platform (VATP) license issued by the Hong Kong Securities and Futures Commission in December 2024. The outside world believes that this VATP license will be able to create synergistic effects with the stablecoin license that the group may obtain in the future.

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BloodInStreetsvip
· 8h ago
Licenses are the hard truth.
Reply0
DeFiAlchemistvip
· 13h ago
Regulatory alchemy at its finest
Reply0
NFTArtisanHQvip
· 13h ago
Intriguing regulatory paradigm shift
Reply0
BlockchainThinkTankvip
· 13h ago
Compliance requires cautious observation.
Reply0
BrokenDAOvip
· 13h ago
Payment giants have also get on board.
Reply0
RumbleValidatorvip
· 13h ago
This is a big event!
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