A licensing scheme for stablecoin issuers in Hong Kong is expected to be introduced later this year. Bill Winters, group CEO of Standard Chartered, says "digital assets are here to stay."
Cross-border payments platform Project mBridge continues to develop, moving from its pilot phase into the realm of the MVP. HK Fintech Week 2024 heard how it could pave the way for a new era in digital finance.
Project e-HKD+ will explore use cases for individuals and corporates such as in supply chains or DLT environments; participants include DBS, Visa, ANZ, HSBC, Bank of China (HK), Mastercard, Airstar Bank and KBank.