Odaily Star Daily News: Chen Ningdi, Chairman of the Board of Directors of Delin Holdings Group, a Hong Kong asset management and investment service platform, stated in a recent interview that the company will "spare no effort" to apply for a Hong Kong stablecoin license. At the same time, he also stated that "issuing stablecoins is equivalent to having the right to issue banknotes", therefore, it has extremely high requirements for risk control, technical security protection, and transparency of underlying assets. Once the stablecoin license is approved, Delin Holdings will distribute many traditional financial assets on the blockchain and divide them into RWAs for buyers. In the future, we may also cooperate with some large banks, such as custodian banks, and seek cooperation with virtual currency and digital currency exchanges, hoping to become the second or third batch of licensed institutions. (Sing Tao Daily)
