TechFlow news, June 14 — According to the National Business Daily, sources revealed that after Ant International announced plans to apply for stablecoin licenses in Singapore and Hong Kong, LianLian Digital is also actively exploring the possibility of applying for similar licenses in these regions. LianLian Digital has already established a dedicated team to advance its stablecoin-related projects and conduct use case research. The company currently holds 65 payment licenses across multiple global regions. Its wholly-owned subsidiary, DFX Labs Company Limited, obtained a Virtual Asset Trading Platform (VATP) license from the Hong Kong Securities and Futures Commission in December 2024. This VATP license is expected to create synergies with any future stablecoin licenses the group may obtain.
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