Live Breaking News & Updates on ஹாங் காங் பண

Stay updated with breaking news from ஹாங் காங் பண. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Central bank digital currencies, crypto will coexist: experts


Central bank digital currencies, crypto will coexist: experts
Central bank digital currencies, cr.
But looming regulations on crypto assets might change landscape, experts say at webinar co-hosted by The Investor and ANN
Government-backed coins and private cryptocurrencies will coexist for a while, despite rising regulatory walls set by the government to counter virtual coins, experts at a global webinar session said Thursday.
Noting that cryptocurrencies and digital currencies by governments are “two different animals,” they will coexist for now partly because current cryptocurrencies are not actually solving payment problems.
“How many of them (cryptocurrencies) are solving actual payment problem? Most of them are speculative and used as a means of storage,” said Nelson Chow, chief fintech officer of the Fintech Facilitation Office at the Hong Kong Monetary Authority. ....

United Arab Emirates , South Korea , Hong Kong , Andrew Sheng , John Kiffmeiste , Byun Hye Jin , Kevin Werbach , Nelson Chow , People Bank , International Monetary Fund , Fintech Facilitation Office , Central Bank , Asia News Network , Wharton School Of The University Pennsylvania , Hong Kong Monetary Authority , Hong Kong Monetary , United Arab , Stable Act , Wharton School , Marcus Lim , Korea Herald , Asia News , Park Ga Young , ஒன்றுபட்டது அரபு அமீரகங்கள் , தெற்கு கொரியா , ஹாங் காங் ,