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HSBC, Standard Chartered tipped for first Hong Kong stablecoin licenses: Report

Hong Kong is set to issue its first stablecoin issuer licenses, with HSBC and Standard Chartered likely among a “very small number” of initially approved issuers, local media reported.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

HSBC, Standard Chartered tipped for first Hong Kong stablecoin licenses: Report

Hong Kong is set to issue its first stablecoin issuer licenses, with HSBC and Standard Chartered likely among a “very small number” of initially approved issuers, local media reported.

Why this matters

This maps to the Stablecoins hub, so it can help confirm whether that theme is gaining breadth across the crypto news cycle.

Original source

Read on Cointelegraph

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