A Major Foreign Bank Responds to Hong Kong Stablecoin License Application: Still Awaiting Official Regulatory Information

Odaily News According to recent reports that the first batch of Hong Kong stablecoin licenses will be granted to HSBC, Standard Chartered, and the local virtual asset trading platform OSL, inquiries have been made through the channels of HSBC and Standard Chartered's subsidiaries in China. Currently, none have provided a direct response. However, an internal source from one of the foreign banks revealed: "We are still awaiting official information from the regulatory authorities." (Cailian Press)