HKMA Grants First Two Stablecoin Licenses to HSBC, Standard Chartered in April

According to HKMA, in April the authority granted two stablecoin licenses to HSBC and Standard Chartered-led Anchorpoint Financial, marking Hong Kong's first-ever stablecoin authorization. The licenses were issued eight months after Hong Kong's stablecoin ordinance took effect in August 2025.
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