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In brief
Anchorpoint, a new joint venture between Standard Chartered and Animoca Brands, will apply for a license under Hong Kong's new stablecoin framework.
Hong Kong launched its fiat-referenced stablecoin licensing regime…
Another Hong Kong company is adding crypto to its treasury, but it wants to do more than passively hold it.IVD Medical Holdings has purchased $19 million (HK$149 million) of ether…
Major Web3 investor Animoca Brands has formed a stablecoin joint venture (JV) with the Hong Kong division of multinational bank Standard Chartered (2888).The JV, known as Anchorpoint, also includes Hong…
Equiti Group, the Middle East-focused contracts for differences (CFDs) broker, has appointed Sean Hong as the new Group Chief Financial Officer. Although not officially confirmed, he is likely replacing Rick…
Hong Kong’s stablecoin adoption is actually accelerating right now as the city’s taxi industry gets pushed into embracing digital payments, and this is signaling China’s strategic crypto reentry through regulated…
Hong Kong's rules for stablecoin issuers took effect on Friday as the government pursues its ambitions for the crypto sector.The special administrative region of China has taken steps in recent…
In brief
Hong Kong's stablecoin licensing regime takes effect today, requiring fiat-referenced issuers to obtain HKMA approval.
It comes shortly after the U.S. passed the GENIUS Act, sparking comparisons between the two…
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The Hong Kong Monetary Authority (HKMA) will implement a six-month transition period with special rules as part of its new framework for stablecoins, which is set to take effect on…