Hong Kong stablecoin licence regime could include Standard Chartered, HSBC and crypto exchange OSL in the first batch of issuers under new digital‑asset rules. Local media reported the licences could be announced as early as next week under a framework introduced in August 2025. The Hong Kong Monetary Authority has said only a limited number of licences will initially be granted. Reuters previously reported Standard Chartered’s Hong Kong unit was preparing a joint venture wit

Hong Kong stablecoin licences are set to debut as early as March, with only a small number of applicants expected to be approved initially, Hong Kong Monetary Authority chief executive Eddie Yue told lawmakers. Yue said vetting of licence applications is nearing completion, with the HKMA assessing proposed use cases, governance and risk controls, anti-money laundering arrangements, and the reserve assets backing each stablecoin. He added that licensed issuers must comply with