HSBC, Anchorpoint Receive Stablecoin Issuer Licences in Hong Kong
Summary
The HKMA announced the granting of stablecoin issuer licences under the Stablecoins Ordinance to Anchorpoint Financial Limited and The Hongkong and Shanghai Banking Corporation Limited. The licences took effect on 10 April 2026, and the licensees intend to launch business in the coming months. The HKMA maintains a public Register of Licensed Stablecoin Issuers on its website.
What changed
The HKMA has granted the first stablecoin issuer licences under Hong Kong's Stablecoins Ordinance to Anchorpoint Financial Limited and HSBC. The licences took effect on 10 April 2026, making these entities among the first regulated stablecoin issuers in Hong Kong. The HKMA Chief Executive noted this milestone provides an orderly operating environment with robust user protection and effective risk management.\n\nFor market participants and consumers, this marks the beginning of a regulated stablecoin ecosystem in Hong Kong. The HKMA advises the public to stay vigilant to fraud and only acquire or use stablecoins through regulated channels. Businesses and individuals planning to use stablecoins should verify providers against the official Register of Licensed Stablecoin Issuers and ensure they engage only with licensed entities.
What to do next
- Monitor the HKMA Register of Licensed Stablecoin Issuers for updates
- Conduct due diligence on stablecoin providers before use
- Report suspected fraudulent stablecoin activities to the HKMA
Archived snapshot
Apr 11, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
Granting of stablecoin issuer licences
Press Releases
10 Apr 2026
Granting of stablecoin issuer licences
The Hong Kong Monetary Authority (HKMA) announced today (10 April) that the Monetary Authority has granted stablecoin issuer licences under the Stablecoins Ordinance to Anchorpoint Financial Limited and The Hongkong and Shanghai Banking Corporation Limited for issuing stablecoins in Hong Kong. The licences take effect today.
According to the licensees’ business plans, they intend to complete the necessary preparation work and launch business in the coming few months.
Mr Eddie Yue, Chief Executive of the HKMA, said, “The granting of stablecoin issuer licences is an important milestone for the development of digital assets in Hong Kong. The regulatory regime provides an orderly operating environment for stablecoin issuers to apply innovative technologies while ensuring robust user protection and effective risk management, which will foster the development of a healthy, responsible, and sustainable stablecoin ecosystem. We look forward to the issuers launching business according to their plans, exploring growth opportunities while properly managing risks. We hope their promotion of regulated stablecoins will address pain points in financial and economic activities, create values for both individuals and businesses, and support the healthy development of digital assets in Hong Kong.”
The HKMA maintains a Register of Licensed Stablecoin Issuers, which contains the latest list of licensees and their relevant information including names, addresses, email contact and other particulars. The Register is available on the HKMA’s website (link).
Members of the public should stay vigilant to fraudulent activities or scams that are purported to be associated with the licensees or their stablecoin issuance. If in doubt, members of the public may refer to the HKMA’s Register or further reach out to the licensees for verification. When acquiring or using stablecoins, the public is reminded to do so only through regulated channels.
Hong Kong Monetary Authority
10 April 2026
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