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Crypto news reports that Wu said on Twitter: Standard Chartered Bank, Hong Kong Telecom, and Animoca Brands jointly established Anchorpoint Financial Limited, which has received a stablecoin issuer license from the Hong Kong Monetary Authority, becoming one of the first licensed institutions in Hong Kong. The company plans to launch a regulated Hong Kong dollar stablecoin HKDAP in phases starting from the second quarter of this year, using a B2B2C model, focusing on applications such as tokenized asset settlement and cross-border fund flows.