Some institutions planning to apply for Hong Kong stablecoin licenses have taken the lead in finalizing the custody bank
2025-07-24 13:27:21
According to the 21st Century Business Herald, some institutions that plan to apply for stablecoin licenses in Hong Kong have taken the lead in finalizing the custodian bank: ZhongAn Bank and Deutsche Bank have been selected by the institution; Standard Chartered and Star Bank are also potential custodian banks; HSBC has recently launched new virtual asset-related services; in addition, Chinese banks in Hong Kong are also actively deploying, and China Merchants Wing Lung Bank, a subsidiary of China Merchants Bank, has increased the promotion of stablecoin custodian business. But so far, the three "sandbox" institutions composed of Yuanbi Innovation Technology, JD.com Coin Chain Technology, and Standard Chartered, Security Group, and Hong Kong Telecom have not yet announced all the candidates for custodian banks.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
部分拟申请香港稳定币牌照机构已率先敲定托管行Next article：
美股开盘，道指跌0.52%
