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Hong Kong Fintech Company IDA Plans to Apply for Stablecoin License

Summary: According to reports, Hong Kong fintech company IDA's co-founder and member of Hong Kong's third-generation internet development task force, Zhu Chengyu, stated that the company plans to apply for a stablecoin license in Hong Kong. He also revealed that stablecoins are expected to be used as tools for cross-border trade and investment settlement in Hong ...

According to reports, Hong Kong fintech company IDA's co-founder and member of Hong Kong's third-generation internet development task force, Zhu Chengyu, stated that the company plans to apply for a stablecoin license in Hong Kong. He also revealed that stablecoins are expected to be used as tools for cross-border trade and investment settlement in Hong Kong.

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