Melisande Mual
28 Jun 2018 / 5 Min Read
Hong Kong Monetary Authority has signed a fintech cooperation agreement with the Financial Services Regulatory Authority of the Abu Dhabi Global Market, which supervises the financial market of the United Arab Emirates capital.
The Hong Kong Monetary Authority has stated that, under the cooperation agreement, it will collaborate with the Financial Services Regulatory Authority to develop innovative financial technology projects, with a specific interest focusing on distributed ledger technology utilisation in international trade finance.
As previously reported by CoinDesk, the Hong Kong Monetary Authority and the Monetary Authority of Singapore have started testing the Hong Kong Trade Finance Platform, a Hong Kong Monetary Authority-led trade finance proof-of-concept based on distributed ledger technology since 2017.
Melisande Mual
28 Jun 2018 / 5 Min Read
The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.
The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.
Current themes
No part of this site can be reproduced without explicit permission of The Paypers (v2.7).
Privacy Policy / Cookie Statement
Copyright