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377 Hong Kong Approves StanChart-Led Group, HSBC to Issue Stablecoins

The Information
Yueqi Yang @ The Information · 04/10/2026 17:49 EDT

Hong Kong Approves StanChart-Led Group, HSBC to Issue Stablecoins

Hong Kong has granted its first licenses to issue stablecoins to HSBC and a joint venture of Standard Chartered, allowing them to issue crypto tokens pegged to Hong Kong dollars. The move comes as Hong Kong pushes to become a global fintech and crypto hub, even as mainland China continues ...

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