# Hong Kong has issued its first stablecoin issuer licenses, approving Anchorpoint Financial and the Hongkong and Shanghai Banking Corporation.

*fintech · news · 2026-04-10 · Cointelegraph*

## Key points

- Hong Kong has issued its first stablecoin issuer licenses to Anchorpoint Financial and HSBC.
- Anchorpoint Financial is a joint venture between Standard Chartered, Animoca Brands, and Hong Kong Telecommunications.
- The stablecoin regime requires issuers to meet strict rules on reserves, redemption, and AML controls.
- The HKMA missed its original March timeline and issued the first licenses after a delay.

**Companies:** Standard Chartered Bank, Hongkong and Shanghai Banking Corporation, Animoca Brands, Hong Kong Telecommunications
**Countries:** Hong Kong

[Read the full story on Cointelegraph](https://cointelegraph.com/news/hong-kong-first-stablecoin-licenses-issued)

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