Ripple: Will announce the test results of the eHKD pilot program with Fubon Bank. Hong Kong does not yet have its applicable license to apply for
Ripple Labs and Fubon Bank have tested their digital Hong Kong dollar (eHKD) pilot program, with results to be announced during Fintech Week. Rahul Advani, Ripple's Director of Public Policy for the Asia-Pacific region, stated that there are currently no licenses available in the Hong Kong market that would allow for Ripple's business to be applied. Brooks Entwistle, Ripple's Senior Vice President and General Manager, added that Ripple will explore more use cases in compliance with regulations.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Vitalik Buterin calls for prioritizing key upgrades such as “Blob Scaling”
BTC falls below $95,000
Wells Fargo: Fed may not take inflation caused by Trump's tariff policy too seriously
AI could be the ‘biggest bubble’ since dot-com
GSR’s Toe Bautista is keeping a close eye on AI and its potential impacts on crypto
Trending news
MoreCrypto prices
More
