Standard Chartered, Animoca Brands Form Venture to Seek Hong Kong Stablecoin License

In brief Anchorpoint, a new joint venture between Standard Chartered and Animoca Brands, will apply for a license under Hong Kong’s new stablecoin framework. Hong Kong launched its fiat-referenced stablecoin licensing regime at the start of August. Animoca Brands’ Yat Siu told Decrypt that regulation could unlock stablecoin adoption and innovation. Standard Chartered and Animoca...