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Standard Chartered, Animoca Brands, and HKT Seek HKMA License for Hong Kong Dollar-Backed Stablecoin to Boost Digital Asset Ecosystem

  • bytady
  • February 17, 2025
  • 1 minute read
Standard Chartered, Animoca Brands, and HKT Seek HKMA License for Hong Kong Dollar-Backed Stablecoin to Boost Digital Asset Ecosystem
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Standard Chartered Bank (Hong Kong) Limited, Animoca Brands, and HKT have formed a joint venture to apply for a license from the Hong Kong Monetary Authority under its new regulatory framework to issue a Hong Kong dollar-backed stablecoin

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