Summary
- Animoca‑backed Anchorpoint wins one of Hong Kong’s first stablecoin licences to issue HKDAP.
- HKDAP will roll out from Q2 2026 under Hong Kong’s stringent Stablecoins Ordinance.
- In Europe, the ECB backs shifting supervision of systemic crypto firms to ESMA in a major overhaul.
Anchorpoint Financial Technology, a joint venture backed by Standard Chartered Bank (Hong Kong), HKT and Animoca Brands, will launch a regulated Hong Kong dollar stablecoin called HKDAP (HKD At Par) in the second quarter of 2026 after securing a stablecoin issuer licence from the Hong Kong Monetary Authority (HKMA). The licence, granted under Hong Kong’s Stablecoins Ordinance that…
