Trending Now - HSBC and Standard Chartered Secure Hong Kong's First Stablecoin Licenses

WHO:

Bloomberg - HSBC Holdings Plc and Standard Chartered Plc are the organizations that obtained the licenses.

Cointelegraph - Anchorpoint Financial is also mentioned as one of the approved entities.

WHAT:

Bloomberg - HSBC and Standard Chartered obtained the first stablecoin licenses in Hong Kong, surpassing 34 other applicants.

Cointelegraph - Hong Kong issued its first stablecoin licenses to Anchorpoint Financial and HSBC’s Hong Kong banking arm.

WHERE:

Bloomberg - The licenses were granted in Hong Kong.

WHEN:

Bloomberg - The stablecoins are expected to be issued in the second half of 2026.

WHY:

Bloomberg - The issuance of stablecoin licenses is part of Hong Kong's new regulatory regime for digital currencies.

HOW:

Bloomberg - The licenses were granted under the Hong Kong Monetary Authority's (HKMA) new regime.

(UPDATED April 10, 2026 11:20 UTC)

HSBC and Standard Chartered have made headlines by obtaining the first stablecoin licenses in Hong Kong, outpacing 34 other applicants in the process. Alongside these banking giants, Anchorpoint Financial has also been approved, marking a significant step in Hong Kong's new regulatory framework for digital currencies. The issuance of these stablecoins is anticipated in the second half of 2026, as part of the Hong Kong Monetary Authority's updated regime.