Standard Chartered PLC Bank branch in Hong Kong
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Off-Road Winter, CEO Standard charterThe future, where all global transactions will be held in the “Digital Block” holding company, he told a crowd in Hong Kong on Monday, as it consists of crypto among major banking and financial institutions.
“I think our belief, which we share with the leadership of Hong Kong, is that all transactions, eventually all money will be on blockchains, that all money will be digital,” the CEO of the UK-based multinational bank said at Hong Kong Fintech Week.
“Think about what that means: completely rebuilding the financial system over and over again,” he said, adding that it’s an experiment.
Standard charter – shown in both London and Hong Kong – has begun to engage with digital assets in recent years, including services for digital assets. Shopping areasand qualified products.
The clamps discussed Hong Kong’s role in the global digital space, with Hong Kong’s Finance Secretary Paul Chan making the comments while crediting the city for leadership in Experimentation and Regulation.
Hong Kong has established itself as a regional crypto hub through its digital asset licensing regime, as well Tokenization of pilots there A standard charter is a participant.
A cashed asset is a digital representation of a real-world asset, such as stocks, bonds, or commodities, that can be recorded, distributed, and distributed. Currency-denominated coins are often held up as the first example of a fraudulent trading asset.
Standard charter for partnership with HKT Blockchain Project Profit, a telecommunications company of HKT planning The launch of the Hong Kong Dollar Stablecoin under the city’s new regulatory framework began in August.
Monday, he said Monday, he believed Hong Kong dollar stablecoins could offer an exciting new form of international trade exchange on digital terms.
Other global fintech leaders have issued disciplined forecasts for their qualifying assets in recent months.
Global markets Keo Vlad Tenev last month Tenevlu «Freight train“will come to many major markets in the next five years.
Larry Fink, CEO A robberThe world’s largest money manager, said In April, every asset, from stocks to real estate to bonds, can be decided in what offers a “revolution” to investing.