Crypto News

Visa and PayPal Push for Stablecoin Adoption at Washington Fintech Week

At Washington Fintech Week, executives from Visa and PayPal discussed the growing importance of stablecoins for international transactions. Cuy Sheffield and Jose Fernandez da Ponte emphasized thei...

Standard Chartered Explores Development of Universal Stablecoin

Standard Chartered is diving into stablecoin innovation as part of HKMA's sandbox. They aim to create a universal stablecoin connecting various applications for broader future potential.

Hong Kong Chief Executive Advocates Integration of Digital Economy

In his recent policy address, Hong Kong's Chief Executive John Lee emphasized the need for integrating the digital and physical economies to enhance digital infrastructure and promote innovative fi...

Hong Kong Chief Executive Promotes Digital Economy Transformation

In his latest policy address, Hong Kong Chief Executive John Lee highlights the integration of the digital economy with traditional sectors, emphasizing fintech's role in enhancing global financial...

Hong Kong Monetary Authority Proposes Renaming Virtual Banks to Digital Banks

The HKMA plans to rename virtual banks as digital banks to differentiate them from traditional digital banking services, highlighting their unique operational model and use of financial technology....