A major foreign bank responded to its application for a Hong Kong stablecoin license, stating that it is still awaiting official news from regulators.

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MarsBit
03-13
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According to Mars Finance, in response to recent reports that HSBC, Standard Chartered, and local virtual asset trading platform OSL will be awarded the first batch of stablecoin licenses in Hong Kong, inquiries have been made through the Chinese subsidiaries of HSBC and Standard Chartered, but neither has given a positive response yet. However, an insider from one of the foreign banks revealed that "we are still waiting for official news from regulators."

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