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Vanuatu Holds National Resource Promotion Event in Hong Kong, Facilitating Government-Owned Company's Application for Stablecoin License
Summary: According to reports from Aastocks, the South Pacific nation of Vanuatu held a national resource promotion event in Hong Kong. The country's South Pacific Digital Technology Holdings Company announced the establishment of its operational headquarters in Hong Kong, with potential plans for an IPO listing in the future. They have also signed memorandums of cooperation ...
According to reports from Aastocks, the South Pacific nation of Vanuatu held a national resource promotion event in Hong Kong. The country's South Pacific Digital Technology Holdings Company announced the establishment of its operational headquarters in Hong Kong, with potential plans for an IPO listing in the future. They have also signed memorandums of cooperation with companies such as BitTrade and Jiamig Technology. After the Hong Kong Stablecoin Ordinance takes effect on August 1st this year, they intend to explore applying for a stablecoin license, with potential use cases involving payments and trade. It is reported that the largest single shareholder of the South Pacific Digital Technology Holdings Company is the Vanuatu government, holding less than 50% of the shares.
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Link: Vanuatu Holds National Resource Promotion Event in Hong Kong, Facilitating Government-Owned Company's Application for Stablecoin License [Copy]
