Nano Labs is aiming to get licenses for stablecoins pegged to the Hong Kong dollar and offshore RMB. This move is a big deal, showing more crypto firms are interested in Hong Kong’s crypto-friendly regulations. Expect to see more activity in the region as a result; this could be huge for stablecoin adoption in Asia. It’ll be interesting to see how this plays out.
Nano Labs Eyes Hong Kong Stablecoin Licenses
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