Nano Labs plans to apply for Hong Kong dollar and offshore RMB stablecoin related licenses

Odaily News Web3 infrastructure company Nano Labs plans to apply for Hong Kong dollar and offshore RMB stablecoin-related licenses after the Hong Kong Stablecoin Ordinance comes into effect, and cooperate with other institutions to conduct business. The company will also develop a technical framework based on Bitcoin and BSC to support the development of the stablecoin ecosystem. The ordinance will officially take effect on August 1, 2025, and aims to strengthen Hong Kong's position in the global digital asset field. (GlobeNewswire)