HSBC and Standard Chartered joint venture secure Hong Kong’s first stablecoin issuer licenses
Hong Kong has opened its regulated stablecoin era by granting its first fiat-referenced issuer licences to HSBC and Anchorpoint Financial, the Standard Chartered-led venture backed by Hong Kong Telecommunications and Animoca Brands. The decision gives traditional finance the first mover advantage in one of Asia’s most closely watched stablecoin regimes, and it places bank-linked issuers […]
Hong Kong launches CARF crypto tax consultation to combat evasion
Hong Kong opened a public consultation on December 9, 2025, to adopt the OECD’s Crypto-Asset Reporting Framework (CARF) and update its Common Reporting Standard (CRS). Framed to curb cross-border crypto tax evasion, the move signals tighter reporting obligations for crypto platforms and increased traceability for users. CARF rollout, DeFi gaps and rising compliance demands The […]