Recently, multiple listed companies on the Shanghai and Shenzhen stock exchanges have been frequently questioned about their involvement in stablecoin business
According to Foresight News, as reported by 21st Century Business Herald, many listed companies in the Shanghai and Shenzhen stock markets have recently been frequently asked on interactive platforms whether they are planning to enter the stablecoin business. Industry insiders believe that the combination of policy liberalization, significant efficiency gains, and strategic positioning is driving market optimism toward the stablecoin sector. In particular, the Hong Kong "Stablecoin Ordinance," which will officially take effect on August 1, is the world's first comprehensive regulatory framework specifically targeting fiat-backed stablecoins.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BoJ’s Himino says underlying inflation almost at 2% target
Famous Brands six-month basic EPS drops 23% to 181 cents
Microsoft (MSFT.US) leads while Salesforce (CRM.US) faces pressure: AI is reshaping the software industry
Citi analysts pointed out that AI is causing severe polarization in the software industry. Microsoft is experiencing strong revenue growth driven by its Copilot advantage, while companies like Adobe are facing budget pressures. After Salesforce's acquisition of Braze, attention should be paid to organic growth. In an environment of high financing costs, economies of scale will be the key to survival.
Solana to launch Alpenglow, its largest network upgrade since 2020, on Wednesday
Crypto prices
More
