Hong Kong Issues First Stablecoin Licenses to HSBC and Standard Chartered-Led Group
In a significant development, Hong Kong has awarded its inaugural stablecoin issuer licenses to HSBC and Anchorpoint Financial, a joint venture led by Standard Chartered that includes Animoca Brands. This move marks the first batch of approvals under the Stablecoins Ordinance, which was implemented in August 2025. According to Eddie Yue, the chief executive of the Hong Kong Monetary Authority (HK…
April 10, 2026, 9:19 a.m.