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Nano Labs Plans to Apply for Hong Kong Dollar and Offshore Renminbi Stablecoin Licenses

Summary: According to reports, Web3 infrastructure company Nano Labs plans to apply for Hong Kong dollar and offshore renminbi stablecoin licenses after the implementation of the 'Stablecoin Ordinance' in Hong Kong. The company will collaborate with other institutions to conduct business and develop the stablecoin ecosystem based on Bitcoin and BSC technology frameworks. The ordinance is ...

According to reports, Web3 infrastructure company Nano Labs plans to apply for Hong Kong dollar and offshore renminbi stablecoin licenses after the implementation of the 'Stablecoin Ordinance' in Hong Kong. The company will collaborate with other institutions to conduct business and develop the stablecoin ecosystem based on Bitcoin and BSC technology frameworks. The ordinance is set to officially take effect on August 1, 2025, aiming to strengthen Hong Kong's position in the global digital asset field. (GlobeNewswire)

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