Hong Kong Reveals First Stablecoin Sandbox Participants Including Standard Chartered Bank and Animoca Brands

The Hong Kong Monetary Authority (HKMA) has revealed its initial participants in the stablecoin sandbox initiative, marking a significant stride in the region’s crypto advancements. This venture includes prominent entities such as Standard Chartered Bank and Animoca Brands, signifying the growing institutional interest in stablecoin applications. A noteworthy comment by HKMA Deputy CEO Darryl Chan

Source: CoinOtag