Multi-Point Intelligence: Preparing to apply for the Stablecoin license in China's Hong Kong.
On July 3rd, it was reported that Multipoint Intelligence is preparing to apply for a stablecoin license in Hong Kong, China. In response to this, a reporter from Securities Times contacted Multipoint Intelligence and received confirmation. The company's Vice President and Chief Financial Officer, Tang Yifan, stated that the company has a long-term optimistic view on the cryptocurrency field, has allocated Bitcoin, and recruited Web3 talents to advance its strategy. Stablecoins can significantly improve the cross-border payment efficiency for its retail customers, reduce costs, optimize consumer experience, and align with the trend of increasing penetration of cryptocurrency in global business.
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