News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
Anchorpoint Financial Expects Phased Issuance of HKD-Pegged Stablecoin 'HKDAP' Starting 2Q26
The Hong Kong Monetary Authority (HKMA) has granted stablecoin issuer licenses to Anchorpoint Financial, a subsidiary of Standard Chartered Bank, and HSBC. Anchorpoint Financial is...
Reset
Send
The window will close in 5 seconds
Anchorpoint Financial Expects Phased Issuance of HKD-Pegged Stablecoin 'HKDAP' Starting 2Q26
Close
Recommend
9
Positive
7
Negative
9
 
 

The Hong Kong Monetary Authority (HKMA) has granted stablecoin issuer licenses to Anchorpoint Financial, a subsidiary of Standard Chartered Bank, and HSBC. Anchorpoint Financial is a joint venture established by Standard Chartered Bank, Animoca Brands and HKT-SS (06823.HK)  +0.020 (+0.162%)    Short selling $12.08M; Ratio 16.110%   . Anchorpoint Financial expects to issue its regulated HKD-pegged stablecoin, HKDAP, in phases starting from 2Q26.

Anchorpoint Financial stated that, in order to build an open and inclusive digital asset ecosystem, it will adopt a business-to-business-to-consumer (B2B2C) model. Leveraging the extensive customer bases of designated authorized distributors, the company aims to broaden public access to HKDAP.

Related NewsJPM: Hong Kong Banks' FY2025 Results Mixed; Prefers HSBC (00005.HK) and BOC Hong Kong (02388.HK)
At the same time, Anchorpoint Financial will offer incentives to early partners to encourage the development of real-world use cases that deliver tangible benefits to the regional economy, thereby promoting the adoption and application of HKDAP.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-10 16:25.)

Auto-translated by AI

AASTOCKS Financial News

Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.