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HSBC and Standard Chartered-led group land Hong Kong’s first stablecoin licenses
Original Source: CoinDesk Original URL: https://www.coindesk.com/policy/2026/03/24/hong-kong-awards-first-stablecoin-licenses-to-hsbc-standard-chartered-led-group Content: The approvals by the Hong Kong Monetary Authority, the territory's central bank, mark the first batch under the Stablecoins Ordinance, which took effect in August 2025.
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