Recently, many listed companies in the Shanghai and Shenzhen markets have been frequently asked whether they are planning to lay out stablecoin business.

According to Mars Finance, the popularity of virtual asset trading has spread from Hong Kong stocks to A-shares. Recently, many listed companies in the Shanghai and Shenzhen stock markets have frequently been asked on interactive platforms whether they are planning to engage in stablecoin business. Industry insiders believe that the opening of policies, surge in efficiency, and strategic positioning are driving the market's optimism towards stablecoin businesses. In particular, the Hong Kong "Stablecoin Regulation," which will officially come into effect on August 1, is the world's first comprehensive regulatory framework specifically targeting fiat stablecoins. (21st Century Business Herald)

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