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Standard Chartered Bank, Animoca Brands, and Hong Kong Telecommunications have established a joint venture to issue a Hong Kong dollar stablecoin

2025-02-17 16:42:35

ChainCatcher news, according to official sources, Standard Chartered Bank (Hong Kong) Limited "SCBHK", Animoca Brands, and Hong Kong Telecommunications have signed an agreement to jointly establish a joint venture, planning to apply for a license under the new regulatory framework of the Hong Kong Monetary Authority to issue a Hong Kong dollar-backed stablecoin.

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