Futures
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One platform for global traditional assets
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Hot
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Techub News reports, according to Caixin, the second batch of Hong Kong compliant stablecoin licenses are currently under application. Reliable sources reveal that Futu Securities and OSL Group are both contenders for the second batch of licenses. However, in November last year, the People's Bank of China and 12 other ministries stated that they reaffirmed China's crackdown on virtual currency trading and classified stablecoins as virtual currencies, which means that trading stablecoins will not be possible within mainland China.