Animoca, Standard Chartered and HKT Pursue Hong Kong Stablecoin License
Hong Kong's digital asset landscape gains momentum as Animoca Brands, Standard Chartered Bank Hong Kong, and telecom giant HKT establish Anchorpoint Financial Limited. The joint venture seeks authorization under the city's emerging stablecoin framework, signaling institutional confidence in regulated crypto ventures.
The partnership combines Animoca's Web3 expertise with SCBHK's financial infrastructure and HKT's telecommunications reach. This convergence of traditional finance and blockchain innovators reflects Hong Kong's strategic positioning as a digital asset hub amidst tightening global regulations.