The international unit of Alipay owner Ant Group plans to seek stablecoin licenses in Hong Kong and Singapore, Bloomberg reported on Thursday.Ant International will apply for a stablecoin issuer's license once the regulatory regime comes into effect in August, according to the report, citing people familiar with the matter. The firm is also planning to apply for a similar license in its native Singapore, as well as Luxembourg.Hong Kong has been establishing a stablecoin regime since 2023, with the legislation expected to go into effect in August
source: https://www.coindesk.com/policy/2025/06/12/jack-mas-ant-international-seeks-stablecoin-licenses-in-hong-kong-singapore-bloomberg