The Hong Kong Monetary Authority (HKMA), the de facto central banking authority in the Hong Kong Special Administrative Region, revealed its “Fintech 2025 Strategy” in a press conference on Tuesday. HKMA announced a high-level strategy for driving financial technology development in the city. As part of the fintech strategy, the HKMA said it’s expanding its […]

Read full post Hong Kong is looking into the prospects of having a local CBDC. on Chaintimes.com.

Research into central bank digital currencies will play a significant role in Hong Kong’s fintech development efforts.

The Hong Kong Monetary Authority has said it is looking into the prospects of having a local, retail central bank digital currency.

The post Hong Kong to study e-HKD potential in retail central bank digital currency appeared first on The Block.

The volume of digital transactions worldwide is likely to triple over the next decade on the back of rapid innovations in the payments...

The Bank of England (BoE) has released a new discussion paper titled New Digital Forms of Money exploring digital currencies and central...

The Bank of England has published a new discussion paper that tries to gauge the systemic implications of both private stablecoins and a central bank digital currency.

After 7 years of R and D, the Nugenesis network is built and ready for launch. NuGenesis is a system of blockchain technologies that integrates blockchain load balancers and system validators to efficiently flow data into infinite parallel processing blockchains. The more users, the faster the transaction speed! NuGenesis parallel processing blockchains are multilingual cross […]

The post Nugenesis Network – Build Crypto Dapps Seamlessly in More Than 29 Language Systems appeared first on NullTX.

Earlier this week, the CEOs of two of Russia’s largest banks shared their thoughts on Bitcoin. According to a report by Cointelegraph, during a recent interview with local TV channel NTV, Sberbank CEO Herman Gref called Bitcoin “probably the riskiest type of investment alongside the equity market”. Gref said that although putting money in a […]

Nayib Bukele, president of El Salvador, has said he intends to make bitcoin (BTC) legal tender in his country.

The post El Salvador President Bukele Vows to Make Bitcoin Legal Tender appeared first on BeInCrypto.

“If I were not at Square or Twitter I’d be workin on bitcoin. If it needed more help than Square or Twitter, I’d leave them for bitcoin.” So said the...

The Group of 7 (G7) has reiterated past comments about stablecoins and its opposition to those that don't align with "relevant legal, regulatory, and oversight requirements."

The post G7 central bankers, finance ministers discuss stablecoins, central bank digital currencies at latest meeting appeared first on The Block.