Standard Chartered Bank, Animoca Brands and HKT form joint venture to issue Hong Kong dollar stablecoins

GuShiio.com learned that Standard Chartered Bank (Hong Kong) Limited SCBHK, Animoca Brands and Hong Kong Telecom have signed an agreement to jointly form a joint venture and plan to apply for a license under the Hong Kong Monetary Authority’s new regulatory framework to issue Hong Kong dollar-backed stablecoins.

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