The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
HSBC and a joint venture led by Standard Chartered are expected to secure stablecoin licenses in Hong Kong. The Hong Kong Monetary Authority has received 36 applications under the new regulatory framework, with approvals potentially announced by March 24, 2026. Meanwhile, major companies like Mastercard and PayPal are expanding their stablecoin-related services, reflecting a growing interest in this sector.