Advertise
The Hong Kong Monetary Authority (HKMA) will grant only a limited number of stablecoin licenses in its first round, according to the Hong Kong Economic Journal. So far, 77 institutions have expressed interest. ICBC (Asia) has joined BOC Hong Kong in planning to apply, while HSBC has also shown interest. Industry insiders believe Standard Chartered and BOC Hong Kong are among the frontrunners expected to receive initial approval from the regulator.
Trust with CoinPedia:
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Yes 
No 
