Bank of China Shares Surge 6.7% on Stablecoin License Buzz
Financial institution of China’s Hong Kong-listed shares jumped 6.7% on Monday to shut at HKD 37.580, after local reports prompt the lender’s metropolis unit is getting ready to use for a stablecoin issuer license. The transfer comes simply weeks after Hong Kong rolled out one of many world’s first devoted licensing frameworks for fiat-referenced stablecoins…
