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Economy & Trade April 22, 2026 565 stories in this edition

What Hong Kong’s conservative stablecoin licence roll-out reveals

SCMP Asia / Asia / 1m ago / Kun Tian
What Hong Kong’s conservative stablecoin licence roll-out reveals

Preview Brief

The most revealing fact about Hong Kong’s stablecoin launch is not that licences were issued. It is who got them, and who did not. By handing the first approvals to HSBC and the Standard Chartered-led joint venture Anchorpoint Financial, regulators made clear from the start that digital money in Hong Kong will be bank-led. That choice matters because Hong Kong is not trying to become Asia’s easiest venue for cryptocu...

Feed Summary

The most revealing fact about Hong Kong’s stablecoin launch is not that licences were issued. It is who got them, and who did not. By handing the first approvals to HSBC and the Standard Chartered-led joint venture Ancho...

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