Standard Chartered, Animoca Brands, and HKT Partner To Launch Hong Kong Dollar-Backed Stablecoin as Regulatory Framework Advances
Standard Chartered, Animoca Brands, and HKT have partnered to launch a Hong Kong dollar-backed stablecoin. The joint venture aims to apply for a license from the Hong Kong Monetary Authority (HKMA) under the city’s upcoming stablecoin regulatory framework.
Standard Chartered, HKT, Animoca to form JV for HK dollar-backed stablecoin
Standard Chartered Plc , said on Monday its Hong Kong banking division, Animoca Brands and HKT will establish a joint venture to apply for a license from the Hong Kong Monetary Authority for issuance of a Hong Kong dollar-backed stablecoin.
Standard Chartered, Animoca Brands and HKT establish joint venture to issue HKD-backed stablecoin
Hong Kong, February 18, 2025 -- Standard Chartered Bank (Hong Kong) Limited (“SCBHK”), Animoca Brands, and HKT have entered into agreements to establish a joint venture (“JV”) with the intention to apply for a license from the Hong Kong Monetary Authority (“HKMA”) in the new regulatory regime1 in order to issue a Hong Kong dollar-backed stablecoin.
Standard Chartered Signs Deal with Animoca Brands and HKT to Launch HKD-Backed Stablecoin.
Standard Chartered has signed a deal with Animoca Brands and HKT to launch HKD-Backed Stablecoin in Hong Kong. Takeaway Points Standard Chartered has signed a deal with Animoca Brands and HKT to launch HKD-Backed Stablecoin.
Standard Chartered leads Hong Kong’s Stablecoin push with Animoca & HKT
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Standard Chartered to Launch HK Dollar-backed Stablecoin
Standard Chartered, Animoca Brands, and HKT form a joint venture to launch a Hong Kong dollar-backed stablecoin under HKMA’s licensing regime
Standard Chartered, Animoca Brands and HKT partner to issue HKD-backed stablecoin
Animoca Brands, and HKT have agreed to form a joint venture (JV). This is so that they can apply for a license from the Hong Kong Monetary Authority (HKMA) under the new regulatory regime(1) to create a stablecoin backed by the Hong Kong dollar.
Standard Chartered, Animoca Brands, And HKT Collaborate To Launch Hong Kong Dollar-Backed Stablecoin
Standard Chartered Bank Limited , Animoca Brands, and HKT have announced a joint venture to issue a stablecoin pegged to the Hong Kong dollar . T
Standard Chartered, Animoca Brands, and HKT to Launch HKD-Backed Stablecoin
Animoca Brands, and HKT have announced a joint venture to issue a Hong Kong dollar-backed stablecoin under Hong Kong’s new regulatory framework. The partnership aims to secure a license from the Hong Kong Monetary Authority (HKMA) and play a key role in integrating stablecoins into the region’s financial
Standard Chartered forms joint venture for HKD-backed stablecoin issuance
Plc announced on Monday its plans to form a joint venture with Animoca Brands and HKT to apply for a license from the Hong Kong Monetary Authority.
Beijing allows Hong Kong banks to issue credit cards on mainland from March 1
The new rules will benefit lenders such as HSBC, Standard Chartered, Bank of East Asia and Hang Seng Bank, analysts say.
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