China Renaissance: Applying to Expand SFC Type 1, 4, and 9 Licenses in Hong Kong

According to a report by Jinse Finance, Shi Ziyuan, Head of Proprietary Investment at China Renaissance, stated that the Digital Asset Declaration 2.0, the Stablecoin Regulation, and licensing guidelines will help attract more mainstream institutions, high-quality capital, and innovative enterprises to the market. Previously, China Renaissance had invested in Circle Internet Group. He revealed that China Renaissance is currently applying to expand the scope of its Hong Kong SFC Type 1, 4, and 9 licenses to cover digital asset business.