HSBC CEO Responds to Hong Kong Stablecoin License Application
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On March 2, HSBC Holdings CEO Noel Quinn stated that HSBC is interested in participating in Hong Kong's innovative development and hopes to play a role in the stablecoin sector. The Hong Kong Monetary Authority is striving to issue the first batch of stablecoin issuer licenses in March. HSBC has already used blockchain technology to assist in bond issuance and tokenized gold business, and is also exploring innovative technology services such as tokenized deposits.
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