Hong Kong Monetary Authority Issues First Batch of Stablecoin Licenses, Standard Chartered Joint Venture and HSBC Secure Approvals

BroadChain2026/04/10 17:21

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香港金管局首次批出稳定币发行人牌照，渣打旗下合资公司碇点金融和汇丰银行获牌。这标志着香港稳定币监管进入新阶段，持牌机构需完成系统测试等准备工作，预计合规稳定币将于今年年中至下半年陆续推出。

香港金管局稳定币牌照碇点金融科技渣打银行汇丰银行稳定币发行人

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Summary

The Hong Kong Monetary Authority has issued its first stablecoin issuer licenses, with a Standard Chartered joint venture and HSBC among the recipients. Licensed institutions must complete preparatory work such as system testing, with compliant stablecoins expected to launch successively from mid-year to the second half of this year, marking a new phase in Hong Kong's stablecoin regulation.

BroadChain has learned that on April 10, the Hong Kong Monetary Authority (HKMA) announced that the Monetary Authority has granted stablecoin issuer licenses to two institutions under the "Stablecoin Ordinance" — Anchor Financial Technologies Limited (a consortium formed by Standard Chartered Bank (Hong Kong), Hong Kong Telecom, and Ant Group) and HSBC Bank. This marks a new phase in Hong Kong's stablecoin regulatory framework.

Before officially launching their compliant stablecoins, licensed issuers must complete relevant preparatory work, including technology platform and system testing, implementation of risk control measures, and staffing arrangements.

Based on the current business plans of the two institutions, it is expected that regulated stablecoins in Hong Kong will be launched successively from mid-2026 to the second half of the year.