CCB Asia, BOC Hong Kong, HSBC and Hang Seng Bank will continue to participate in the Hong Kong Monetary Authority’s Digital Hong Kong Dollar Initiati
Bank of China Asia, Bank of China Hong Kong, HSBC, and Hang Seng Bank will continue to support the Hong Kong Monetary Authority's digital currency plan. Bank of China Asia has completed the real-life test of the "Programmable Payment - Prepaid Service" use case; Bank of China Hong Kong stated that the digital currency-related verification results have been submitted to the Monetary Authority and will further optimize the existing plan based on feedback from consumers and merchants, and explore the application value of simulating digital currency in more scenarios according to the research report published by the Monetary Authority; HSBC Bank stated that it looks forward to close cooperation with the Monetary Authority, and is ready to conduct more experiments, explore various innovative programmable solutions and application scenarios, and invite more participants. Hang Seng Bank confirmed that it will continue to support the Monetary Authority's digital currency phase two plan with partners such as Cyberport and Hong Kong University, and has successfully launched a simulated digital currency wallet and programmable token, and simulated the programmability of digital currency through a one-stop wallet. (Yahoo News)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
State Street Advisor Highlights Bitcoin’s Threat to Gold’s Stability
BREAKING: MicroStrategy Buys 55,500 BTC Worth $5.4 Billion
Sony is supposedly working on a handheld PlayStation console to support PS5 games
Share link:In this post: A Bloomberg report suggested that Sony is working on a handheld PlayStation console that will support PS5 games. The report suggested the possibility of the device being years away from launch. Nintendo is currently the only console with a handheld device and will launch its successor next year, while Microsoft is also working on its handheld console.
UK plans to integrate crypto with traditional finance
Share link:In this post: The UK government is pushing for the integration of traditional finance and crypto assets. Bank of England and the Financial Conduct Authority launched the Digital Securities Sandbox. A Digital Assets Bill was also added to the UK Parliament.