Standard Chartered Targets Hong Kong for Global Blockchain and Digital Finance Strategy

CEO Bill Winters cites Hong Kong’s progressive regulatory environment as a key foundation for the bank’s worldwide blockchain and digital finance initiatives.

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Terms & Concepts
  • Blockchain: A decentralized digital ledger that records transactions across multiple computers in a secure and tamper-resistant manner.
  • Digital Finance: Financial services delivered through digital channels, including mobile apps, online platforms, and blockchain-based systems.
  • Progressive Regulatory Environment: A set of rules and policies that encourage innovation and growth in emerging industries such as blockchain and digital finance while maintaining oversight.