Standard Chartered teams with Animoca and HKT to launch Hong Kong’s first regulated HKD stablecoin. The venture formally notified the Hong Kong Monetary Authority of its intent just days after the law governing fiat-referenced stablecoins took effect onAugust 1.

Standard Chartered teams with Animoca and HKT to launch Hong Kong’s first regulated HKD stablecoin. The venture formally notified the Hong Kong Monetary Authority of its intent just days after the law governing fiat-referenced stablecoins took effect onAugust 1.

Source: https://cryptoslate.com/hong-kongs-first-hkd-stablecoin-race-begins-as-standard-chartered-files-early/