Standard Chartered To Apply For Hong Kong Stablecoin License In Joint Venture

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Standard Chartered has partnered up with Animoca Brands and HKT to apply for a license under Hong Kong’s new stablecoin regime. Standard Chartered’s JV First To Apply For Hong Kong Stablecoin License According to a press release from Animoca Brands, the company has come together with Standard Chartered’s Hong Kong branch and Hong Kong Telecom (HKT) to form a joint venture (JV): Anchorpoint Financial. The aim of the JV is to “build a business model focused on the issuance and advancement of licen...