Standard Chartered: Targeting to Submit Hong Kong Stablecoin License Application Soon

BlockBeats News, August 1st. According to a report by Radio Television Hong Kong, the CEO of Standard Chartered Hong Kong and Greater China and North Asia stated that the group is still studying the Hong Kong Monetary Authority's newly released stablecoin-related documents. With the implementation of the Stablecoin Regulations, Standard Chartered is exploring possible options and use cases, aiming to submit a stablecoin license application as soon as possible.