HKT, Animoca and Stablecoin
Standard Chartered, Animoca Brands, and HKT Partner To Launch Hong Kong Dollar-Backed Stablecoin as Regulatory Framework Advances
Standard Chartered, Animoca Brands, and HKT have partnered to launch a Hong Kong dollar-backed stablecoin. The joint venture aims to apply for a license from the Hong Kong Monetary Authority (HKMA) under the city’s upcoming stablecoin regulatory framework.
Standard Chartered, Animoca Brands and HKT establish joint venture to issue HKD-backed stablecoin
Hong Kong, February 18, 2025 -- Standard Chartered Bank (Hong Kong) Limited (“SCBHK”), Animoca Brands, and HKT have entered into agreements to establish a joint venture (“JV”) with the intention to apply for a license from the Hong Kong Monetary Authority (“HKMA”) in the new regulatory regime1 in order to issue a Hong Kong dollar-backed stablecoin.
Standard Chartered, HKT, Animoca to Form JV for HK Dollar-Backed Stablecoin
(Reuters) - Standard Chartered Plc said on Monday its Hong Kong banking division, Animoca Brands and HKT will establish a joint venture to apply for a license from the Hong Kong Monetary Authority for issuance of a Hong Kong dollar-backed stablecoin.
Impacts · 2d
Standard Chartered Signs Deal with Animoca Brands and HKT to Launch HKD-Backed Stablecoin.
Standard Chartered has signed a deal with Animoca Brands and HKT to launch HKD-Backed Stablecoin in Hong Kong. Takeaway Points Standard Chartered has signed a deal with Animoca Brands and HKT to launch HKD-Backed Stablecoin.
IBS · 1d
Standard Chartered leads Hong Kong’s Stablecoin push with Animoca & HKT
IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride in covering 400+ technology vendors globally – the largest by any analyst firm in this space.
FinanceAsia · 2d
StanChart, Animoca Brands and HKT agree JV to issue HKD-backed stablecoin
Standard Chartered Bank (Hong Kong), Animoca Brands and HKT will establish a joint venture (JV) to issue a Hong Kong dollar-backed stablecoin, according to a media release. Please sign in to your subscription to unlock full access to our premium FA resources.
HKT and HKT ( ($HK:6823) ) has provided an update. HKT Limited announced its annual results for the year ended December 31, 2024, showcasing ...
HONG KONG and SHANGHAI and FLORHAM PARK, N.J., Feb. 19, 2025 (GLOBE NEWSWIRE) -- HUTCHMED (China) Limited (“HUTCHMED”) (Nasdaq/AIM: HCM; ...
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