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Beijing once warned of stablecoin risks. Now it’s turning to them to help stem the growth of U.S. dollar-pegged tokens in Asia.

Asia Morning Briefing: Animoca Exec Says U.S. Heat Is Pushing China's Stablecoin Agenda

In July, the United States set a global benchmark for digital dollars with the passage of the GENIUS Act, the first federal framework for stablecoins. With this bill, Washington confirmed that dollar-backed tokens will underpin digital settlement.

China Stablecoin Regulation: Hong Kong Licensing Vs Mainland Guardrails

Anchorpoint seeks HKMA license under Hong Kong’s new stablecoin rules. Animoca, Standard Chartered, HKT partner to launch compliant stablecoin. Sandbox testing shaped plans for Hong Kong dollar-pegged token. According to reports, Web3 firm Animoca Brands has teamed up with banking major Standard Chartered and telecom leader HKT to establish Anchorpoint Financial, a stablecoin venture in [&#8230;]

Animoca Brands, Standard Chartered, and HKT Form Stablecoin Venture in Hong Kong

Highlights: Animoca and partners seek stablecoin license from Hong Kong regulator. Hong Kong establishes strict guidelines for stablecoin issuers to guarantee safety and transparency. Major companies like JD.com and Ant are planning to launch stablecoins under new regulations. On August [&#8230;]

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Asia Morning Briefing: Animoca Exec Says U.S. Heat Is Pushing China's Stablecoin Agenda

China Stablecoin Regulation: Hong Kong Licensing Vs Mainland Guardrails

Animoca Brands, Standard Chartered, and HKT Form Stablecoin Venture in Hong Kong

Animoca, Standard Chartered and HKT Form Joint Venture for Hong Kong Stablecoin License

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