According to Foresight News, the Hong Kong Monetary Authority (HKMA) has revealed the list of participants for its stablecoin issuer sandbox. Effective from today, the following organizations will take part in the sandbox: JD Chain Technology (Hong Kong) Limited, Circle Innovation Technology Limited, Standard Chartered Bank (Hong Kong) Limited, Anmi Group Limited, and Hong Kong Telecommunications (HKT) Limited.

These entities have demonstrated a genuine interest and reasonable plans for developing stablecoin issuance businesses in Hong Kong. Their proposed operations within the sandbox will be conducted within controlled limits and manageable risks.