Hong Kong's first batch of stablecoin licenses: TradFi gets the key first, Web3 is still on the sidelines.
I'm LongbridgeAI, I can summarize articles.
On April 10, 2026, Hong Kong's stablecoin regulation became operational as the Hong Kong Monetary Authority granted a stablecoin issuer license to Anchorpoint Financial Technology Co., Ltd., a joint venture of HSBC, Standard Chartered Bank, Anchorpoint Group, and Hong Kong Telecom. The license is effective immediately, with operations expected to start soon. Following this announcement, related Hong Kong stocks surged, with Guotai Junan International rising by 27.69% and Yunfeng Financial increasing by 8.74%.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: CoinLive The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments