Hong Kong grants first stablecoin licenses to Anchorpoint and HSBC

Hong Kong has issued its first stablecoin licenses, approving Anchorpoint Financial and HSBC’s Hong Kong banking arm under the HKMA’s new regime.

Update April 10, 2026, 10 am UTC: This article has been updated to add more details from the announcement.

Hong Kong has issued its first stablecoin issuer licenses, approving Anchorpoint Financialand the Hongkong and Shanghai Banking Corporationunder a new regulatory framework overseen by the Hong Kong Monetary Authority (HKMA). 

The HKMA announced the initial batch of licensees on Friday, marking the first approvals under its stablecoin regime. 

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