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First Digital Transfers Issuance of FDUSD Stablecoin to New Registered Entity
Summary: First Digital Group CEO Vincent Chok announced the transfer of the issuance of the FDUSD stablecoin from Hong Kong to a newly registered entity, FD 121 (BVI) Limited, based in the British Virgin Islands (BVI). This move comes as the Hong Kong Monetary Authority focuses more on the Hong Kong dollar stablecoin. The company will ...
First Digital Group CEO Vincent Chok announced the transfer of the issuance of the FDUSD stablecoin from Hong Kong to a newly registered entity, FD 121 (BVI) Limited, based in the British Virgin Islands (BVI). This move comes as the Hong Kong Monetary Authority focuses more on the Hong Kong dollar stablecoin. The company will now focus on the FDUSD stablecoin and is also applying for licenses in the UAE and Europe. (Aastocks)
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Link: First Digital Transfers Issuance of FDUSD Stablecoin to New Registered Entity [Copy]
