• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

Hong Kong will check the usage of a central financial institution digital foreign money

June 29, 2021
in Crypto News
0
191
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

[ad_1]

Hong Kong steps up research on Central Bank digital currencies

Recently, Hong Kong Finance Director (China) Tran Mau Ba mentioned that Hong Kong is decided to advertise the digital transformation of the economic system, encouraging companies to make use of know-how extra to enhance operational effectivity and enhance enterprise efficiency. enterprise enlargement.

Related articles

Hong Kong cryptocurrency exchange Hounax scammed users out of $15.4 million

Hong Kong cryptocurrency exchange Hounax scammed consumers out of $15.four million

November 27, 2023
The son of the president of the European Central Bank "lost 60%" on cryptocurrency investments

The son of the president of the European Central Bank “lost 60%” on cryptocurrency investments

November 24, 2023

Mr. Tran Mau Ba emphasised that, along with digital funds within the retail sector, the authorities have additionally elevated analysis on the usage of the Central Bank’s digital foreign money (CBDC).

In addition to persevering with to check CBDC at cross-border business fee stage, throughout the subsequent 1 yr will intensify preparations for the issuance of Central Bank digital foreign money at wholesale and retail stage. in Hong Kong, together with analysis into the appliance of digital HKD to the retail sector in Hong Kong, proceed to work with the Central Bank of China to check the strategy of utilizing digital yuan in Hong Kong. Kong, offering quick and handy cross-border fee providers for the folks of Mainland China and Hong Kong.

According to the top of the Hong Kong Financial Authority, from the fee platform on the retail stage to the event of digital foreign money on the central financial institution stage, differing kinds and sectors of the economic system must be studied. analysis to search out new purposes and new providers to reply to the challenges and alternatives introduced by technological change.

Mr. Tran Mau Ba continued to emphasise, whether or not technological innovation is seen as the event of recent industries, or counting on the Guangdong-Hong Kong-Macau Greater Bay Area as a regional strategic growth base, or increasing inexperienced finance to seize the large enterprise alternatives of sustainable growth can even create a development engine and a better growth house for Hong Kong, and on the similar time assist younger folks have a bigger house and a More choices when in search of your inspiration.

Maybe you have an interest:


Join our channel to replace essentially the most helpful information and data at:

According to Vietnambiz
Compiled by ToiYeuBitcoin

.

[ad_2]

Tags: BankCentralCHINAcurrencyDigitalHongKongtest
Share76Tweet48

Related Posts

Colombia's Crypto Reporting Reform by DIAN

Colombia Mandates Crypto Reporting for Exchanges by 2026

by shark
January 10, 2026
0

Colombia's DIAN introduces crypto reporting requirements, aligned with OECD guidelines, impacting the crypto market by 2026.

Crypto's Role in Trump's Presidential Victory

Crypto’s Role in Trump’s Presidential Victory

by shark
January 10, 2026
0

Cathie Wood links Trump's 2024 win to pro-crypto policies influencing young voters.

Trump Rules Out Pardoning Former FTX CEO Sam Bankman-Fried

Trump Rules Out Pardoning Former FTX CEO Sam Bankman-Fried

by shark
January 10, 2026
0

Donald Trump states he will not pardon Sam Bankman-Fried, impacting SBF's legal prospects.

Stablecoins Surpass Bitcoin in Dark Web Crime Activity

Stablecoins Surpass Bitcoin in Dark Web Crime Activity

by shark
January 10, 2026
0

Stablecoins have overtaken Bitcoin as the primary cryptocurrency for illicit activities, driven by $154 billion in sanctions-related flows.

Trump Directs $200B Mortgage Bond Purchases to Lower Rates

Trump Directs $200B Mortgage Bond Purchases to Lower Rates

by shark
January 9, 2026
0

President Trump orders $200 billion in mortgage bond buys via Fannie Mae and Freddie Mac to reduce mortgage rates.

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Colombia Mandates Crypto Reporting for Exchanges by 2026
  • Crypto’s Role in Trump’s Presidential Victory
  • Trump Rules Out Pardoning Former FTX CEO Sam Bankman-Fried
  • Stablecoins Surpass Bitcoin in Dark Web Crime Activity
  • Trump Directs $200B Mortgage Bond Purchases to Lower Rates
  • Greenland’s Untapped Energy: Analyst Speculates on Bitcoin Potential
  • Early 2026 Indicators: Apeing Grabs Attention in New Crypto Coins as Litecoin Climbs and Cronos Posts Stable Gains
  • Binance to Remove 23 Spot Trading Pairs in 2026
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7