#HKDAP

Highlights: Standard Chartered became the first bank to distribute HKDAP to eligible institutional clients in Hong Kong. Standard Chartered plans to use HKDAP for tokenized fund settlements and other institutional payments. Hong Kong currently limits regulated stablecoin issuance to two […]

Highlights: HKMA warns that “HKDAP” and “HSBC” tokens are not official stablecoins. The regulator says no licensed stablecoin issuer has launched these tokens. Users should verify tokens through official channels before using or buying them. The Hong Kong Monetary Authority […]