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Bank of China Hong Kong rose more than 8% intraday and hit a record high, planning to apply for a stablecoin issuer license

Source: BlockBeats
According to BlockBeats, on September 1, according to market information, Bank of China Hong Kong rose by more than 8% at the beginning of the session to HK$38.2, with a record high of its share price and a market value of over HK$400 billion. Hong Kong media said that after the joint venture led by Standard Chartered Hong Kong officially stated that it was interested in applying for a license, Bank of China Hong Kong plans to apply for a stablecoin issuer license and strive to become the first issuer to obtain the license. The deadline for the first batch of applications is the end of September. (Wall Street News)
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