3 E Network Announces Strategic Intent to Seize Opportunities in the New Compliance-Driven Stablecoin Era
Rhea-AI Summary
3 E Network (NASDAQ:MASK), a B2B IT solutions provider, has announced plans to expand its global mining farm construction and hosting business in response to new stablecoin regulations. The announcement follows the enactment of Hong Kong's Stablecoin Ordinance and the U.S. GENIUS Act.
CEO Dr. Tingjun Yang emphasized that these regulations establish a framework for compliant stablecoins, focusing on full reserves, transparency, and stringent AML/CFT measures. The company views stablecoins as a crucial bridge between traditional finance and the digital economy, and plans to build a comprehensive compliance framework to meet various jurisdictional requirements.
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- Complex technical, operational, and regulatory challenges in stablecoin market
- High dependence on volatile digital asset market conditions
Hong Kong, China, Aug. 14, 2025 (GLOBE NEWSWIRE) -- 3 E Network Technology Group Limited (Nasdaq: MASK) (the “Company” or “3E Network”), a business-to-business (“B2B”) information technology (“IT”) business solutions provider, today announced its strategic intent to expand its global mining farm construction and hosting business in response to the emerging compliance-driven era of the global stablecoin market, following the recent successive enactment of Hong Kong’s Stablecoin Ordinance and the U.S. GENIUS Act.
Dr. Tingjun Yang, CEO of 3E Network, commented on these landmark developments: “These two milestone legislations establish a clear and explicit framework for the issuance and operation of compliant stablecoins. We believe this signals the transition of stablecoins from a nascent, largely unregulated digital asset into a core component of the global digital financial infrastructure. While these regulations raise the bar for compliance, their focus on full reserves, high transparency, and stringent anti-money laundering (AML) and counter-financing of terrorism (CFT) measures is fostering institutional trust and accelerating large-scale adoption -- laying a solid foundation for a safer, more efficient digital economy.”
Dr. Yang added: “We believe stablecoins, digital assets that combine the efficiency of blockchain with the stability of fiat currency, are a vital bridge between traditional finance and the digital economy. The introduction of global stablecoin regulations provides long-awaited regulatory clarity to the industry. As we expand our global mining farm construction and hosting operations, we plan to actively build a robust compliance framework to meet the diverse regulatory requirements of different jurisdictions.”
He further noted, outlining the Company’s strategic priorities: “While the outlook for stablecoins is highly promising, their inherent complexity and close linkage to the digital asset market mean they face ongoing technical, operational, financial, and regulatory challenges. We will continue to closely track technological, market, and regulatory developments, and maintain a flexible strategic planning mechanism to ensure sustainable growth in this new, stablecoin-driven era of digital finance.”
About 3 E Network Technology Group Limited
3 E Network Technology Group Limited is a business-to-business (“B2B”) information technology (“IT”) business solutions provider. Through its two subsidiaries, Guangzhou 3e Network technology company limited (PRC) and 3E Network technology company limited (Hong Kong), the Company began by offering integrated software and hardware solutions for the property management and exhibition services spaces. Over time, 3 E Network expanded its software solutions offerings to serve a variety of sectors, including food establishments, real estate, exhibition and conferencing, and clean energy utilities. The Company’s business comprises two main portfolios: the software development portfolio and the exhibition and conference portfolio. For more information, please visit the Company’s website at http://ir.3etech.cn.
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "approximates," "assesses," "believes," "hopes," "expects," "anticipates," "estimates," "projects," "intends," "plans," "will," "would," "should," "could," "may" or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the U.S. Securities and Exchange Commission.
For more information, please contact:
3 E Network Technology Group Limited
Investor Relations Department
Email: ird@3ekeji.cn
FAQ
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