Hong Kong Issues First Stablecoin Licenses to HSBC, Standard Chartered-led Consortium
In an trade first, Hong Kong has awarded HSBC and a consortium led by Standard Chartered town’s first stablecoin issuer licenses, marking its newest step in direction of embracing the trade’s main use case. Commenting on the matter was Darryl Chan, the deputy chief government of the Hong Kong Monetary Authority (HKMA), who mentioned: The…
