Chinas 33 Media plans to apply for Hong Kong stablecoin license

By: odaily.com|2025/07/15 10:41:28

Odaily News China 33 Media (08087.HK) announced that the group plans to apply for stablecoin-related licenses in Hong Kong. The funds required for the application will be allocated from the companys existing cash reserves and the net proceeds from the placement of new shares under the general authorization. (Zhitong Finance)