Ant Group’s unit to seek stablecoin permits in Hong Kong,...

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2025-06-15 05:40:39 -

Ant Group’s unit to seek stablecoin permits in Hong Kong, Singapore – report

Jack Ma-backed Ant Group Co’s international unit is planning to apply for stablecoin licences in Singapore and Hong Kong, Bloomberg reported on Thursday, quoting people familiar with the matter. Singapore-headquartered Ant International will apply for the stablecoin issuer’s licence in Hong Kong as soon as the city’s Stablecoins Ordinance goes into effect in August, the...

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