According to a PANews report on August 1st, RTHK's Financial News report states that Standard Chartered Bank's Chief Executive Officer for Hong Kong and Greater China and North Asia, Ms.According to a PANews report on August 1st, RTHK's Financial News report states that Standard Chartered Bank's Chief Executive Officer for Hong Kong and Greater China and North Asia, Ms.

Standard Chartered is studying stablecoin-related documents and aims to submit an application as soon as possible

2025/08/01 10:44

According to a PANews report on August 1st, RTHK's Financial News report states that Standard Chartered Bank's Chief Executive Officer for Hong Kong and Greater China and North Asia, Ms. Huen Wai-yee, stated that the group is currently reviewing the newly released stablecoin documents from the HKMA and aims to submit an application as soon as the Stablecoin Ordinance takes effect. She noted that a consortium formed by Standard Chartered and its partners has participated in the stablecoin issuer "sandbox" and is focused on exploring opportunities in the Hong Kong dollar market. Ms. Huen believes that the new regulatory framework will help balance risks and is open to commercial solutions. She also believes that digital assets will play a significant role in the future financial system.
Market Opportunity
SOON Logo
SOON Price(SOON)
$0.3472
$0.3472$0.3472
+4.92%
USD
SOON (SOON) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Crypto News: Donald Trump-Aligned Fed Governor To Speed Up Fed Rate Cuts?

Crypto News: Donald Trump-Aligned Fed Governor To Speed Up Fed Rate Cuts?

The post Crypto News: Donald Trump-Aligned Fed Governor To Speed Up Fed Rate Cuts? appeared on BitcoinEthereumNews.com. In recent crypto news, Stephen Miran swore in as the latest Federal Reserve governor on September 16, 2025, slipping into the board’s last open spot right before the Federal Open Market Committee kicks off its two-day rate discussion. Traders are betting heavily on a 25-basis-point trim, which would bring the federal funds rate down to 4.00%-4.25%, based on CME FedWatch Tool figures from September 15, 2025. Miran, who’s been Trump’s top economic advisor and a supporter of his trade ideas, joins a seven-member board where just three governors come from Democratic picks, according to the Fed’s records updated that same day. Crypto News: Miran’s Background and Quick Path to Confirmation The Senate greenlit Miran on September 15, 2025, with a tight 48-47 vote, following his nomination on September 2, 2025, as per a recent crypto news update. His stint runs only until January 31, 2026, stepping in for Adriana D. Kugler, who stepped down in August 2025 for reasons not made public. Miran earned his economics Ph.D. from Harvard and worked at the Treasury back in Trump’s first go-around. Afterward, he moved to Hudson Bay Capital Management as an economist, then looped back to the White House in December 2024 to head the Council of Economic Advisers. There, he helped craft Trump’s “reciprocal tariffs” approach, aimed at fixing trade gaps with China and the EU. He wouldn’t quit his White House gig, which irked Senator Elizabeth Warren at the September 7, 2025, confirmation hearings. That limited time frame means Miran gets to cast a vote straight away at the FOMC session starting September 16, 2025. The full board now features Chair Jerome H. Powell (Trump pick, term ends 2026), Vice Chair Philip N. Jefferson (Biden, to 2036), and folks like Lisa D. Cook (Biden, to 2028) and Michael S. Barr…
Share
BitcoinEthereumNews2025/09/18 03:14
Solana Price Prediction: Litecoin Latest Updates As Pepeto Gains Buzz With Analysts Calling 100x Potential

Solana Price Prediction: Litecoin Latest Updates As Pepeto Gains Buzz With Analysts Calling 100x Potential

The post Solana Price Prediction: Litecoin Latest Updates As Pepeto Gains Buzz With Analysts Calling 100x Potential appeared first on Coinpedia Fintech News The discussion around Solana price prediction and Litecoin price prediction is shifting toward a different headline: Pepeto (PEPETO). While majors like Solana and Litecoin still draw eyes, momentum is tilting to Pepeto, an Ethereum memecoin with working utility. The project has already raised more than $6.6 million in presale with entry at $0.000000153. Analysts and …
Share
CoinPedia2025/09/18 12:42
United Security Bancshares Declares Quarterly Cash Dividend

United Security Bancshares Declares Quarterly Cash Dividend

FRESNO, Calif.–(BUSINESS WIRE)–On December 16, 2025, the Board of Directors of United Security Bancshares (the “Company”) (NASDAQ: UBFO), the parent company of
Share
AI Journal2025/12/18 06:02