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Bank of China Stock Jumps Amid Rumours of Stablecoin Licensing Plans

Upworthy Monday, 1 September 2025 ()
The Bank of China’s Hong Kong-listed shares rose by 6.7% on Monday, trading at HKD$37.58, after local media reports suggested that the bank’s Hong Kong unit is preparing to apply for a stablecoin issuer license. The Hong Kong Economic Journal reported that the Chinese state bank’s branch had…
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