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    HSBC, Standard Chartered-Led Group Bags First Stablecoin Issuer Licenses in Hong Kong

    2 hours ago

    Hong Kong has granted its first stablecoin issuer licences to HSBC and a Standard Chartered-led venture, marking a key milestone under its new regulatory framework. The move reflects a cautious approach, favouring institution-backed players while setting strict rules for reserves, governance, and compliance in the evolving digital asset market.
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