News list for " and Finance"
Hong Kong's Secretary for Financial Services and the Treasury, Hui Zhengyu, wrote in his online column "Treasury Theory" that Hong Kong has added virtual assets and other qualifying asset classes. There are currently more than 1,100 fintech companies, with an annual growth rate of 15%. Hong Kong will continue to promote the central bank's digital currency, mobile payment, digital banking, virtual asset trading, etc. Technology applications, and promote the healthy, responsible and sustainable de...
1. The real estate financing coordination mechanism expands and increases efficiency, and the "whitelist" should be advanced to the fullest. 2. In October, the number of first-hand residential online signatures in Guangzhou increased by about 100% month-on-month, and the area of first-hand residential online signatures doubled. 3. The work of guaranteeing housing has accelerated, and the loan of "whitelist" projects is expected to exceed 4 trillion yuan within the year. 4. The number of second-h...
The Bank of Korea announced that it has signed a cooperation agreement with the Ministry of Science and Information Communication Technology (MSIT) and the Financial Services Commission (FSC) to jointly test the availability of digital currencies (CBDCs) and tokenized deposits. The central bank plans to pilot tokenized deposits among 100,000 people by the end of the year, and enable interbank settlement through a wholesale CBDC. In this trial, seven domestic banks will participate, and tokenized...
On October 30th, Joseph H.L. Chan, JP, Deputy Secretary for Financial Services and the Treasury of Hong Kong, delivered the opening speech at the 2024 SmartCon conference organized by Chainlink and said, "Decentralized innovation infrastructure relies on secure oracles to make it work. Last year, I witnessed the enthusiasm of builders and users in the Chinese community, telling myself that Asia and Hong Kong must understand these opportunities from changing communities. And changing communities ...
On July 19, Hong Kong Deputy Secretary for Financial Services and the Treasury Chen Haolian said at the meeting of the Legislative Council Web3 and the Subcommittee on Virtual Asset Development that the authorities are currently drafting the second draft of the bill to implement the regulatory system for fiat currency stablecoin issuers in Hong Kong, with a view to submitting the bill to the Legislative Council for consideration by the end of this year.
Bank of Japan Governor Kazuo Ueda: Foreign exchange fluctuations have a significant impact on the economy and prices, and we will closely monitor the impact of foreign exchange on the economy.
7x24 Newsflash
Hot News
