Odaily Planet Daily News: Hong Kong virtual bank ZA Bank announced that it will provide exclusive reserve bank services for stablecoin issuers under the new stablecoin license system. Under the framework, stablecoin issuers are required to deposit reserve assets in local banks to ensure market stability. ZA Bank became the first digital bank to provide such services, working with Yuancoin to promote digital asset innovation and stability. The bank is negotiating cooperation with 10 other stablecoin companies and actively supports the policies of the Hong Kong Monetary Authority. (Cointelegraph)