Hong Kong aims to approve stablecoin licenses within the year, with multiple interactive platforms responding to related layouts

Odaily Planet Daily News: The concept of stablecoins has continued to be strong recently. On the news front, Hong Kong's "Stablecoins Ordinance" will come into effect in August. On the 7th, the Secretary for Financial Services and the Treasury of the Hong Kong Special Administrative Region Government, Xu Zhengyu, said that the Hong Kong Monetary Authority is currently consulting the market on the implementation of the regulation guidelines. The guidelines will be released within this month, and the specific content will involve anti money laundering and other related requirements. Xu Zhengyu also stated that the number of stablecoin licenses approved will be in single digits, and he hopes to receive applications after the regulation comes into effect, with the goal of issuing licenses within this year. This evening, multiple related concept stocks responded on the interactive platform, disclosing their relevant layouts in stablecoins and virtual assets. Dipu Technology: The company is not currently involved in stablecoin related business; Guojin Securities: Guojin Securities Co., Ltd., a subsidiary of the company, is preparing to apply for a virtual asset related trading license; Jihong Corporation: Currently, there are no plans to apply for a stablecoin license; Dongxin Heping: The company did not participate in JD's testing business for applying for a stablecoin license in Hong Kong; Jihong Corporation: Currently, there are no plans to apply for a stablecoin license. (Zhitong Finance)