Month: April 2026

Hong Kong Greenlights Stablecoins: HSBC, StanChart JV Win First Licenses

HSBC Holdings plc (NYSE:HSBC) shares edged higher Friday after Hong Kong regulators approved new stablecoin issuer licenses, signaling progress in digital asset oversight. The Hong Kong Monetary Authority (HKMA) granted licenses to Anchorpoint Financial Limited — a joint venture by Standard Chartered PLC (OTC:SCBFF) (OTC:SCBFY) — and The Hongkong and...
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