Back 08 Aug 2025

Standard Chartered forms joint venture to issue stablecoins in Hong Kong

Summary: Standard Chartered, Animoca Brands, and HKT formed a joint venture to apply for a stablecoin license in Hong Kong. The venture, Anchorpoint Financial, aims to issue stablecoins following Hong Kong’s new stablecoin legislation.

Link: https://www.channelnewsasia.com/business/standard-chartered-forms-joint-venture-issue-stablecoins-in-hong-kong-5284536