Animoca, Standard Chartered, and HKT Team Up for Hong Kong Stablecoin License Push

TLDR: Anchorpoint applies for a Hong Kong stablecoin license as new regulations take effect. Joint venture combines banking, telecom, and Web3 expertise for regulated digital payments. HKMA sandbox testing explored stablecoin integration in retail and institutional systems. Licensed stablecoins could boost trust, adoption, and cross-border payment innovation. A new stablecoin player is lining up for [...]

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