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The HKMA selected the initial licensees from 36 applicants, assessing their risk-management capabilities, regulatory compliance and business plans. Photo: VCG
Landmark approvals signal city’s ambition to lead regulated digital-asset markets
HKMA ha concesso le prime licenze stablecoin fiat-backed a HSBC e Anchor (JV Standard Chartered), selezionati da 36 candidati; mercato HK stimato ~$16B. Hong Kong accelera adozione con regulatory framework più agile dell'US (GENIUS Act still pending rules), posizionandosi leader nel settlement 24/7 e nel tokenization.
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The HKMA selected the initial licensees from 36 applicants, assessing their risk-management capabilities, regulatory compliance and business plans. Photo: VCG

Announcement ends months of guesswork as financial hub pushes into growing field

The monetary authority missed its March target for granting the permits but said it is fully advancing the licensing process

HSBC will launch its Hong Kong dollar stablecoin in the second half of this year, integrating it into its PayMe and mobile…

Observers surprised after the city’s de-facto central bank says it plans to issue the first batch of licences early next year.

‘We aim to progress step by step, gradually driving the digital transformation of Hong Kong,’ HKMA deputy chief executive Darryl…

HKDAP debuts with access limited to corporate clients and professional investors, underscoring Hong Kong’s digital-asset…