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🚨JUST IN: HSBC AND STANDARD CHARTERED SET FOR HONG KONG STABLECOIN LICENSESBanking giants HSBC and Standard Chartered are expected to receive the first stablecoin licenses in Hong Kong, according to South China Morning Post.Reports say both banks could be in the initial approval batch.The licenses fall under a new regulatory framework. Firms must obtain approval before issuing stablecoins.Authorities plan to prioritize note-issuing banks. Approvals could arrive as early as late March. ...