On April 10th, the Hong Kong Monetary Authority issued the first stablecoin licenses to HSBC and Dingdian Financial Technology (a joint venture established by Standard Chartered Bank and others), marking the official implementation of regulation. The related stablecoins are expected to be launched within the year, which will promote the development of cross-border payments and other applications.

View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin