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Major Chinese Internet Companies May Gradually Withdraw from Cryptocurrency-Related Business, Several State-owned Enterprises May Be Absent from Hong Kong Stablecoin License Application

By: theblockbeats.news|2025/09/11 11:32:59

BlockBeats News, September 11th, according to Caixin, major domestic internet companies may gradually withdraw from cryptocurrency-related businesses, and several central enterprises and Chinese banks' Hong Kong institutions may also be absent from the ongoing Hong Kong stablecoin license application.

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