Hong Kong's first live licensed Hong Kong dollar stablecoin went into beta on 12 August 2026, and the most instructive fact about HKDAP is not that it exists — it is that the issuer with…
Qualified custodian gap: 13 NY charters, 15 OCC…
Thirteen of the 40 virtual-currency entities on the New York Department of Financial Services' licensee list hold a New York limited purpose trust charter — the status the Securities and Exchange Commission's staff leaned on…