Tiansheng Capital announces plans to apply for a Hong Kong stablecoin license

ChainCatcher news, Tian Sheng Capital announced plans to apply for a Hong Kong stablecoin license by establishing a digital asset trading and settlement company, and plans to use its stablecoin as the digital currency for its art trading and settlement, facilitating art and cultural relic transactions in Hong Kong from various countries.

According to reports, Tian Sheng Capital aims to use the Hong Kong stablecoin platform as a compliant digital payment solution, focusing on cross-border trade settlement services.