HSBC and Standard Chartered Near Hong Kong Stablecoin Licenses
Hong Kong regulators received 36 stablecoin license applications but plan to approve only a few issuers.
HSBC and Standard Chartered are expected among the first licensed HKD stablecoin issuers.
The licensing framework builds on a sandbox program launched in 2024 to test stablecoin
CryptoFrontNews·23m ago

