HSBC and Standard Chartered could become among the first banks to receive stablecoin issuer licences in Hong Kong under the city’s new regulatory framework. Reports suggest regulators may grant initial approvals soon as authorities move forward with plans to expand the city’s regulated digital asset ecosystem.HSBC and Standard Chartered could become among the first banks to receive stablecoin issuer licences in Hong Kong under the city’s new regulatory framework. Reports suggest regulators may grant initial approvals soon as authorities move forward with plans to expand the city’s regulated digital asset ecosystem.
