US EditionHong Kong Stablecoin News: Standard Chartered CEO Bill Winters Backs HKD Stablecoins Push
- On Monday, Bill Winters, CEO of Standard Chartered, said nearly all global transactions will settle on blockchains and all money will be digital, calling it a `complete rewiring of the financial system` that requires experimentation.
- Hong Kong has been establishing itself as a regional crypto hub by launching a digital asset licensing regime and tokenization pilots involving Standard Chartered Plc, which has increased digital-asset operations in recent years.
- The bank’s partnership with Animoca Brands and HKT aims to launch a Hong Kong-dollar-backed stablecoin under the new regulatory framework, while the Securities and Futures Commission announced shared order books with strict operational safeguards and risk warnings.
- Winters said Hong Kong’s push into tokenized money and stablecoins could lay the foundation for digital trade settlement and that Hong Kong-dollar stablecoins may serve as a medium for international trade.
- Global fintech leaders have also predicted sweeping tokenization, with Larry Fink, CEO of BlackRock, and Vlad Tenev, CEO of Robinhood Markets, forecasting rapid tokenization in major markets.
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18 Articles
Hong Kong Stablecoin News: Standard Chartered CEO Bill Winters Backs HKD Stablecoins Push
At FinTech Week, the Standard Chartered CEO said Hong Kong’s digital asset pilots, including HKD-backed stablecoins and tokenized deposits, could transform cross-border trade, as regulators unveiled new rules allowing shared order books for crypto exchanges.
Tokenization: BlackRock CEO Unveils The Future Of Global Finance
BitcoinWorld Tokenization: BlackRock CEO Unveils the Future of Global Finance The financial world is buzzing with a groundbreaking concept that promises to redefine how we invest, trade, and interact with assets. BlackRock CEO Larry Fink recently put a spotlight on this transformative force: tokenization. He believes it’s not just a trend but potentially the most crucial development for the future of global finance. What Exactly is Tokenization …
DailyTruthReport
MaxBitStandard Chartered CEO: All Money Will Go Digital, All Transactions On Blockchain
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Standard Chartered CEO Bill Winters expects every transaction to one day run on blockchain, calling it a “complete rewiring” of global finance. Standard Chartered CEO Believes Blockchain Will Host All Money Eventually As reported by CNBC, Bill Winters talked about the future... The post Standard Chartered CEO: All Money Will Go Digital, All Transa…
Bitcoin.com
http://coinprofitnews.comStandard Chartered CEO Predicts Blockchain Will Power All Global Transactions
Blockchain’s rapid rise as the foundation of global finance is gaining unstoppable traction, with leading banks and asset managers embracing tokenization and digital assets—a movement underscored by Standard Chartered CEO Bill Winters’ conviction that nearly all transactions will soon run on blockchains. Standard Chartered CEO Endorses Blockchain as Foundation for Global Market Infrastructure Growing momentum […]
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