A cross-border trade project based on blockchain technology linking trade finance platforms between Hong Kong and Singapore was announced Wednesday, Cointelegraph.com reported. “The Hong Kong Monetary Authority (HKMA) and the Monetary Authority of Singapore (MAS) signed and exchanged a Co-operation Agreement (“Agreement”) in Hong Kong today (25 Oct. 2017) to strengthen co-operation on fintech, with a view to bolster ties between the two cities and fostering fintech development within the region.” – Hong Kong Monetary Authority (HKMA) announcement In 2016, the report said, the Hong Kong authority worked with banks – including HSBC and Standard Chartered – to build a trade finance platform by...
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