The new beta test focuses on interlinking CBDCs to foster cross-border payments, while a second test with 30 banks tests...
Hong Kong is actively pursuing a comprehensive transition towards distributed ledger technology within its financial markets, motivated by the advantages...
The HSBC-owned bank told digital asset firms to use simple accounts as they are struggling to utilize banking services amidst...
The Hong Kong and Saudi Arabia central banks signed an MoU to study financial innovation to benefit their local economies,...
The newly minted task force involves key players from the government, private sector, and professionals from academia as they collaborate...
To become the global ‘crypto’ hub, Hong Kong is pushing the three largest banks in the city-state—along with Bank of...