Hong Kong has issued its first stablecoin issuer licenses, approving Anchorpoint Financial and HSBC’s Hong Kong banking arm under its new regime. Update April 10, 2026, 10 am UTC: This article has been updated to add more details from the announcement. Hong Kong has granted its first stablecoin issuer licenses, approving Anchorpoint Financial and the Hongkong and Shanghai Banking Corporation under a new regulatory framework overseen by the Hong Kong Monetary Authority (HKMA). The HKMA announced the initial batch of licensees on Friday, marking the first approvals under its stablecoin regime. Read more