Standard Chartered has announced support for a regulated stablecoin pegged to the Hong Kong Dollar.
2 reports, 2 independent
Updated Aug 25
Gone quiet
- Reports
- 2
- Developments
- 1
- Repetition
- 50%
New informationRepeats or wire copies
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What happened
Standard Chartered has announced support for a regulated stablecoin pegged to the Hong Kong Dollar.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Standard Chartered
British financial company
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Hong Kong Monetary Authority
currency board and central banking authority of Hong Kong
Nothing else this week.
Related events
- Hong Kong is licensing crypto businesses while the SEC proposes rules and US legislation stalls regarding digital assets.
- Standard Chartered rolled out custody services for Ripple's stablecoin, RLUSD, utilizing its Dubai branch and running on Ethereum.
- The Hong Kong Monetary Authority serves as the currency board for Hong Kong and is jointly pushing for the internationalization of the Renminbi alongside the People's Bank of China.