ZA Bank, a digital bank based in Hong Kong, is set to introduce cash custody accounts tailored for institutions interested in launching stablecoins. Discussions are underway with multiple parties aiming to issue their stablecoins, with the service slated to launch upon obtaining approval from the Hong Kong Monetary Authority (HKMA).
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ZA Bank in Hong Kong to Provide Custodial Accounts for Stablecoin Issuers
