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Animoca Brand’s joint venture with Hong Kong Telecommunications and Standard Chartered will apply for a license under Hong Kong’s forthcoming stablecoin bill, which will regulate the issuance and management of fiat-backed stablecoins.
Standard Chartered is a multinational banking group with a strong presence in Asia, Africa, the Middle East, Europe, and the Americas
Standard Chartered, Animoca Brands, and HKT announced a joint venture to issue a Hong Kong dollar-backed stablecoin and apply for a license under Hong Kong’s stablecoin bill
Hong Kong Telecommunications (HKT) is one of Hong Kong’s leading telecommunications companies, with a strong presence in mobile payments and digital finance.
Animoca Brands is a company that specializes in blockchain, digital entertainment, and Web3 applications.

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