Hong Kong Grants First Stablecoin Issuer Licenses

Hong Kong’s stablecoin licensing rollout now includes a report that Anchorpoint Financial Limited received a stablecoin issuer license in April 2026. The company is linked to a joint venture involving SCBHK, HKT and Animoca Brands, which plans to phase in the Hong Kong dollar-pegged stablecoin HKDAP from the second quarter. The new information adds intended use cases for HKDAP, with the venture targeting tokenized real-world asset settlement and cross-border payments within Hong Kong’s regulated digital asset framework.

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