Standard Chartered and Animoca Brands Unite to Pursue Hong Kong Stablecoin License

Standard Chartered and Animoca Brands are collaborating to form a strategic alliance through the establishment of a joint venture aimed at securing a stablecoin license in Hong Kong. This partnership signifies a significant advancement in promoting the adoption of digital currencies and diversifying the financial landscape within the region. The joint venture is committed to adhering fully to local regulatory frameworks while delivering innovative solutions in the stablecoin sector. This alliance merges Standard Chartered’s banking expertise with Animoca Brands’ proficiency in blockchain technology innovation to offer secure and efficient solutions for users. This collaboration is poised to enhance Hong Kong’s standing as a leading financial hub in the realm of digital currencies and blockchain.