ANT GROUP responds to "will apply for stablecoin licenses in Hong Kong and Singapore": will submit applications as soon as relevant channels are opened

Zhitong
2025.06.12 06:51

According to reports, the international business department of ANT GROUP is planning to apply for a stablecoin license in Singapore and Hong Kong. ANT International also plans to seek permission in Luxembourg. This move aims to strengthen the fintech company's blockchain business and support its cross-border payment and fund management services. In response, ANT International stated to Sina Technology: ANT International is accelerating investment and expanding cooperation in global treasury management, putting our AI, blockchain, and stablecoin innovations into real and reliable large-scale applications. We welcome the Hong Kong Legislative Council's passage of the "Stablecoin Bill," and we hope to submit our application as soon as possible after the bill takes effect on August 1 and the relevant channels are opened, contributing more to the construction of Hong Kong as a future international financial center

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