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flag HK grants first stablecoin licenses to HSBC and Standard Chartered consortium.

flag Hong Kong has granted its first stablecoin licenses to HSBC and a Standard Chartered-led consortium, marking a major step in establishing a regulated digital asset hub. flag OSL Group announced it will collaborate with these newly licensed issuers to build a compliant ecosystem, following the Hong Kong Monetary Authority's strict new rules for fiat-backed stablecoins.

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