11 giờ trước
HSBC and Standard Chartered Set to Secure Hong Kong Stablecoin Licenses Under 2026 Regulatory Rollout
On 13 March 2026, HSBC and a Standard Chartered-led joint venture emerged as frontrunners for Hong Kong's first stablecoin issuer licenses, which are expected to be announced by 24 March 2026. The new regime mandates 100% high-quality liquid asset reserves, strict AML rules, and next-day redemptions, while Hong Kong simultaneously advances broader digital asset reforms covering custody, derivatives, tax, and wholesale settlement. The initiative positions Hong Kong as a tightly regulated hub for institutional on-chain payments and cross-border trade finance.