Standard Chartered leads Hong Kong’s Stablecoin push with Animoca & HKT
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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, HKT, Animoca to Form JV for HK Dollar-Backed Stablecoin
(Reuters) - 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 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 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.
Animoca Brands and SCBHK Team Up for HK Dollar Stablecoin
Animoca Brands, SCBHK, and HKT partner to apply for a license to issue HK dollar-backed stablecoins under HKMA’s new rules.
Standard Chartered and Partners Launch Hong Kong Dollar-Backed Stablecoin
Standard Chartered and partners launch a new joint venture to issue a Hong Kong dollar-backed stablecoin for digital payments
Standard Chartered, Animoca Brands, HKT to pursue Hong Kong dollar-backed stablecoin
Stablecoins are digital assets that maintain a fixed value relative to a government-issued fiat currency or other reference rate.
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 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.
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