HSBC and Standard Chartered obtain the first stablecoin licenses in Hong Kong, beating 34 other applicants; they are expected to issue stablecoins in H2 2026 (Kiuyan Wong/Bloomberg)

Wait 5 sec.

Kiuyan Wong / Bloomberg:HSBC and Standard Chartered obtain the first stablecoin licenses in Hong Kong, beating 34 other applicants; they are expected to issue stablecoins in H2 2026  —  Hong Kong has granted its inaugural stablecoin issuer licenses to HSBC Holdings Plc and a joint venture of Standard Chartered Plc …