Yu Weiweng: Building the next generation data and payment infrastructure to support the comprehensive application of artificial intelligence in the industry

By: theblockbeats.news|2025/11/03 13:45:54
0
Share
copy

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

Mining Exodus: Someone Holds $12.8 Billion AI Order

Mining Farms are Turning to AI Hashpower with no Turning Back.

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

1. On-chain Funds: $16.3M USD has flowed into the OP Mainnet today; $13.7M USD has flowed out of Arbitrum 2. Largest Price Swings: $XPT, $AIX 3. Top News: Vitalik Calls on Ethereum Community to Shift Mindset, Uphold Core Principles, and Rethink Application Design "From Scratch"

a16z: The True Opportunity of Stablecoins is in Complementing, Not Disrupting

The stablecoin opportunity lies with those merchants yet to come onboard.

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

Gold is the only asset with a long-term history that can be transferred, is not easily replicable, and does not rely on anyone else's promise. Most currencies, debts, stocks, etc., are just promises of someone honoring their purchasing power.

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

A one-page paper listed a series of questions about the potential impact of AI progress. Looking back over two years later, these questions appear particularly prescient, although none of them provided a definitive answer at the time.

Popular coins

Latest Crypto News

Read more