Bank of China Stock Surges 6.7% on Shock Stablecoin Issuer License News — Is a Digital Yuan Rival Coming?

BOCHK's potential entry is significant because it represents a major, state-backed financial institution embracing a field once dominated by crypto-native firms. source: https://cryptonews.com/news/bank-of-china-stock-surges-6-7-on-shock-stablecoin-issuer-license-news-is-a-digital-yuan-rival-coming/