Company Strategy - China National Petroleum Corporation is closely following Hong Kong Monetary Authority's stablecoin issuer licenses [1] - The company will initiate a feasibility study on cross-border settlement and payment through stablecoins [1] Fintech & Cryptocurrency - The study focuses on conducting cross-border settlement and payment using stablecoins [1]

China National Petroleum Corporation, one of the world's largest energy companies, disclosed at its half-year results conference that the company is closely following the latest developments of the Hong Kong Monetary Authority regarding stablecoin issuer licenses, and will initiate a feasibility study on conducting cross-border settlement and payment through stablecoins. ...