Hong Kong grants first stablecoin licences to Anchorpoint and HSBC

Hong Kong grants first stablecoin licences to Anchorpoint and HSBC

1.96%TRX$0.3197 0.85%BCH$438.70 1.08%DOGE$0.09233 0.51%XLM$0.1547 0.37%ETH$2,196 0.16%BNB$601.89 0.06%SOL$83.51 1.12%HYPE$40.96 4.43%XMR$347.69 2.77%XRP$1.33 0.13%ADA$0.2508 0.28%BTC$71,770 0.46%USD Written by Ezra Reguerra,Staff WriterReviewed by Bryan O'Shea,Staff EditorHong Kong grants first stablecoin licences to Anchorpoint and HSBC25 minutes agoHong Kong has issued its first stablecoin licences, approving Anchorpoint Financial and HSBC’s Hong Kong banking arm under the HKMA’s new regime. Hong Kong has issued its first stablecoin issuer licenses, approving Anchorpoint Financial and the Hongkong and Shanghai Banking Corporation under a new regulatory framework overseen by the Hong Kong Monetary Authority (HKMA). The HKMA announced the initial batch of licensees on Friday, marking the first approvals under its stablecoin regime. Anchorpoint Financial is the stablecoin joint venture fo

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