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Hong Kong’s Bold Step: HKMA’s New Initiative to Boost DLT Adoption in Banking
The Hong Kong Monetary Authority (HKMA) has recently taken a bold step by launching an initiative aimed at boosting the adoption of Distributed Ledger Technology (DLT) in the banking sector. This move highlights the nation-state’s growing enthusiasm for embracing blockchain technology, which is expected to revolutionize the financial landscape.
As part of this new effort, the HKMA will provide a safe and efficient platform for banks to integrate DLT, ensuring that they can harness its full potential without compromising their security or stability.
Source: coinpedia.org
