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China's San San Media Plans to Apply for Hong Kong Stablecoin License

Summary: According to reports, China's San San Media (08087.HK) announced its plan to apply for a stablecoin-related license in Hong Kong. The funds required for the application will be allocated from the company's existing cash reserves and the net proceeds from the general authorization for the sale of new shares. (Sina Finance)

According to reports, China's San San Media (08087.HK) announced its plan to apply for a stablecoin-related license in Hong Kong. The funds required for the application will be allocated from the company's existing cash reserves and the net proceeds from the general authorization for the sale of new shares. (Sina Finance)

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