【Wealthy CityLinkers】Hong Kong’s First Stablecoin Licenses Issued: A Market Lesson in Compliance-First Approach

On April 10, the Hong Kong Monetary Authority (HKMA) officially issued the first batch of stablecoin issuer licenses, granting them to Anchorpoint Financial Ltd. and Hongkong Shanghai Banking Corporation Limited (HSBC). This marks the transition of Hong Kong’s stablecoin regulatory framework from legislative concept to actual operational reality.
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