Snail Games is considering a strategic digital asset initiative focused on developing its proprietary stablecoin. This initiative is contingent upon regulatory approvals, market conditions, technical feasibility, cybersecurity measures, financial controls, and internal governance. The company aims to become an early mover in the digital entertainment sector by exploring the potential of crypto-based transactions. No decisions have been made regarding technology integration into the corporate strategy, and a commitment for development is yet to be determined. The company has retained Dr. George Cao and a legal advisory team to support this initiative.
Snail Games is exploring a strategic digital asset initiative, evaluating the feasibility of introducing a proprietary stablecoin, contingent on regulatory approvals and market conditions.
The initiative highlights the company's recognition of the growing potential of crypto-based transactions in the digital entertainment and gaming industry.
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