Ant Group has announced its intention to apply for a stablecoin license in Hong Kong, following the implementation of new regulatory framework effective August 1, 2025. The move by Ant Group International, a subsidiary of Jack Ma’s company, is expected to have a significant impact on cryptocurrency liquidity, particularly for Ethereum (ETH) and Bitcoin (BTC). The company has indicated its commitment to complying with the Hong Kong Legislative Council’s regulations and plans to submit its application once relevant channels are made available.
Ant Group aims to leverage this license to enhance global financial infrastructure in line with Hong Kong’s ambition to become a leading international finance center. The licensing process could influence market liquidity, potentially attracting investments from global investors.
The regulatory move marks a significant step forward for Hong Kong’s evolving cryptocurrency landscape. While specific predictions remain speculative, analysts anticipate important developments following the license acquisition. Ant Group’s entry into stablecoin operations aligns with broader trends of digital finance transformation, and it is expected to significantly impact blockchain dynamics.