Standard Chartered Bank Hong Kong leads Joint Venture to launch Hong Kong Dollar-Backed Stablecoins

BY admin user

Standard Chartered Bank (Hong Kong) Limited, A nimoca Brands, and HKT entered a joint venture with the intention of applying for a license from the Hong Kong Monetary Authority.  The License is projected to be used to launch a Hong Kong Dollar Backed Stablecoin geared towards competing in the fledgling global stablecoin market.  The Three…

The post Standard Chartered Bank Hong Kong leads Joint Venture to launch Hong Kong Dollar-Backed Stablecoins appeared first on Crypto-News.net.

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