Hong Kong to Approve First Stablecoin Licenses for Banks

Hong Kong is set to issue its first stablecoin issuer licenses, with HSBC and Standard Chartered likely among a “very small number” of initially approved issuers, local media reported.

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Hong Kong to Approve First Stablecoin Licenses for Banks

Source: Cointelegraph

Hong Kong is set to issue its first stablecoin issuer licenses, with HSBC and Standard Chartered likely among a “very small number” of initially approved issuers, local media reported.