Ant International, a subsidiary of Jack Ma’s Ant Group, is preparing to apply for stablecoin licenses in Hong Kong and Singapore. This move highlights the increasing institutional adoption of regulated crypto payment systems in major financial hubs.
- Ant International plans to apply for stablecoin licenses in Hong Kong and Singapore, aligning with new regulatory frameworks.
- The company, backed by Jack Ma’s Ant Group, operates Alipay, the largest digital payment platform worldwide.
- This move reflects broader institutional adoption of regulated crypto payment systems in key financial markets.
📎 Related coverage from: cointelegraph.com
