Hong Kong Stablecoin Licence Regime May Include StanChart, HSBC and OSL

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 with HKT and Animoca Brands to apply for a Hong Kong dollar‑backed token.

The Hong Kong stablecoin licence regime marks a major step in the city’s regulated digital‑asset ecosystem.