CryptocurrenciesAnnouncement ends months of guesswork as financial hub pushes into growing fieldThe Hong Kong Monetary Authority has issued the city's first two stablecoin licenses, after receiving dozens of applications. (HKMA website)LORRETTA CHEN and CISSY ZHOUApril 10, 2026 19:10 JSTHONG KONG -- Hong Kong officials on Friday awarded the city's first stablecoin licenses to HSBC and a consortium led by Standard Chartered, effective the same day.