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Major Banks Vie for Hong Kong’s Scarce Stablecoin Licenses

by SB Crypto Guru News
September 9, 2025
in Crypto Updates
Reading Time: 1 min read
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Major Banks Vie for Hong Kong’s Scarce Stablecoin Licenses — ICBC, HSBC, Standard Chartered Eye Strategic Market EntryHong Kong’s financial regulator has received expressions of interest from at least 77 institutions seeking a limited number of initial stablecoin licenses, as major global and regional banks move to secure market position. Industrial and Commercial Bank of China (ICBC) and its Hong Kong arm, ICBC (Asia), reportedly notified the regulator of their intent, joining […]



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