Yu Weiweng: Building the next generation data and payment infrastructure to support the comprehensive application of artificial intelligence in the industry
BlockBeats News, November 3rd, Hong Kong Monetary Authority Chief Executive Eddie Yue stated at Hong Kong Fintechweek 2025 that the Hong Kong Fintech Development Blueprint "Fintech 2030" aims to develop Hong Kong into a robust, resilient, and forward-looking international fintech hub, focusing on 4 key areas covering over 40 specific projects, including:
Building next-generation data and payment infrastructure to support secure, efficient, and scalable data sharing, enhancing cross-border payment interoperability, creating new opportunities in various areas such as expanding credit channels for enterprises, promoting trade finance, and providing more personalized financial services and convenient cross-border remittances for citizens.
Supporting comprehensive industry adoption of artificial intelligence to further drive the responsible and comprehensive application of artificial intelligence in Hong Kong and other regions' financial industries.
Strengthening business and technology resilience and preparing for the quantum computing era, including developing a new authentication architecture for fintech network security, establishing new alert systems through real-time analysis, and enhancing the robustness of the financial system and the security of financial services.
Promoting financial tokenization and driving a thriving tokenization ecosystem, the Monetary Authority will take the lead in demonstrating asset tokenization, such as normalizing the issuance of tokenized government bonds, and simultaneously exploring the feasibility of forex fund notes and bond tokenization. The Monetary Authority will soon launch the Ensemble project pilot program to support real transactions and continue to collaborate with the industry and other central banks to nurture innovative tokenization use cases.
You may also like

Pantera Capital: How has Crypto as a Service affected us?

Pantera Capital: What changes have we made when crypto is treated as a service?

Wall Street Shorts ETH: Vitalik is aware and has front-run, while Tom Lee remains oblivious

Social Capital CEO: How Equity Tokenization is Reshaping Capital Markets from US Stocks to SpaceX?

CoinGecko Report: Surge of 346% vs Dip of 20.8%, The Wild Rise of DEX

a16z: The Real Opportunity of Stablecoins Lies Not in Disruption but in Filling Gaps

Mining Exodus: Someone Holds $12.8 Billion AI Order

March 6 Market Key Intelligence, How Much Did You Miss?

a16z: The True Opportunity of Stablecoins is in Complementing, Not Disrupting
Predict LALIGA Matches, Shoot Daily & Win BTC, USDT and WXT on WEEX
The WEEX × LALIGA campaign brought together football excitement and crypto participation through a dynamic interactive experience. During the event, users predicted matches, completed trading tasks, and took daily shots to compete for rewards including BTC, USDT, WXT, and exclusive prizes.

Ray Dalio Dialogue: Why I'm Betting on Gold and Not Bitcoin

Who Took the Money in the AI Era? A Must-See Investment Checklist for HALO Asset Trading

Wall Street Bears Target Ethereum: Vitalik In the Know Takes Flight, Tom Lee Remains Bullish

Pump.fun Hacker Steals $2 Million, Receives 6-Year Prison Sentence, Opts for 'Self-Detonation'

6% Annual Percentage Yield as Musk Declares War on Traditional Banks

36 years, 4 wars, 1 script: How does capital price the world in conflict?

Mining Companies' Great Migration: Some Have Already Secured $12.8 Billion in AI Orders

What Is Vibe Coding? How AI Is Changing Web3 & Crypto Development
What is vibe coding? Learn how AI coding tools are lowering the barrier to Web3 development and enabling anyone to build crypto applications.