HSBC and Standard Chartered may obtain Hong Kong's first batch of stablecoin licenses
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According to reports on February 10, multiple sources revealed that Hong Kong's first batch of compliant stablecoin licenses is expected to be issued by the end of March, with HSBC and Standard Chartered likely to become the first approved institutions. Sources stated that after the first round of license issuance, the second round of approvals is expected to proceed rapidly and be announced soon after.
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