Standard Chartered Plc said on Monday its Hong Kong banking division, Animoca Brands and HKT will establish a joint venture to apply for a license from the Hong Kong Monetary Authority for issuance of a Hong Kong dollar-backed stablecoin
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Standard Chartered, HKT, Animoca to form JV for HK dollar-backed stablecoin
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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
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