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Vanuatu held a national resource promotion conference in Hong Kong to promote its government-controlled company to apply for a stablecoin license
10hours ago

Odaily Planet Daily News: Vanuatu, a country in the South Pacific, held a national resource promotion conference in Hong Kong. The country's South Pacific Digital Technology Holdings announced that it has established an operational headquarters in Hong Kong and does not rule out the possibility of listing in Hong Kong (IPO) in the future. At the same time, it has signed a memorandum of cooperation with BitTrade, Jiami Technology and other companies. After the Hong Kong Stablecoin Ordinance takes effect on August 1 this year, it plans to explore applying for a stablecoin license, and the application scenarios may involve payment and trade. It is reported that the largest single shareholder of South Pacific Digital Technology Holdings is the Vanuatu government, holding less than 50% of the shares. (Aastocks)