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China Three Three Media (08087. HK) plans to apply for a stablecoin license in Hong Kong

Foresight News
Foresight News|Jul 15, 2025 10:31
According to Foresight News, according to Zhitong Finance, China Three Three Media (08087. HK) has announced that the group plans to apply for a Hong Kong stablecoin license. The required funds will be disbursed based on the net proceeds from the general authorization to issue new shares and the company's existing cash reserves.
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