# Anchorpoint Financial Technology, a joint venture backed by Standard Chartered Bank (Hong Kong), HKT and Animoca Brands, will launch a regulated Hong Kong dollar stablecoin in the second quarter of 2026.

*fintech · news · 2026-04-13 · Crypto News*

## Key points

- Anchorpoint Financial Technology secured one of Hong Kong's first stablecoin issuer licences under new regulations.
- HKDAP stablecoin will launch in Q2 2026, backed 1:1 by segregated Hong Kong dollar reserves.
- Hong Kong's Stablecoins Ordinance mandates strict reserve, liquidity, and disclosure requirements for fiat-referenced tokens.
- The European Central Bank now fully supports shifting crypto supervision to ESMA for systemically important providers.
- ESMA's expanded crypto oversight in Europe may require significant new staffing and resources.

**Companies:** Standard Chartered Bank, HKT, Animoca Brands, HSBC
**Countries:** Hong Kong

[Read the full story on Crypto News](https://crypto.news/animoca-backed-anchorpoint-to-launch-hkdap-stablecoin-as-ecb-backs-esma-crypto-push/)

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