Standard Chartered CEO Finds Hong Kong's Stablecoin Important

Standard Chartered CEO Bill Winters emphasized that Hong Kong's advancements in tokenized currency and stablecoins will play a critical role in the regulation of digital trade in the future.

Winters stated that Hong Kong's tokenized deposits and HKD-backed stablecoin have the potential to revolutionize international trade.

Meanwhile, the Hong Kong Securities and Futures Commission announced new regulations that will facilitate global liquidity access for Hong Kong exchanges. It was stated that these regulations aim to enhance market efficiency and price discovery.