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Experts forecast that Hong Kong could add $20.5 billion to its economy by 2032 as it ramps up CBDC and tokenization initiatives, while the growth of the Web3 sector is also seen as a contributor.
Following the Financial Conduct Authority’s approval two weeks ago, the LSE has revealed it will accept applications from issuers starting April 8, with the launch scheduled for May 28.
BSV Mint Founder Richard Boase discusses the intersection of the two emerging technologies, including how blockchain preserves privacy in the digital payments world.
Projected to run for 12 to 15 months, the UAE's Phase 1 CBDC strategy will include the limited launch of the digital dirham and the completion of a previous project with India.