{"id":56438,"date":"2025-11-03T18:01:57","date_gmt":"2025-11-03T18:01:57","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=56438"},"modified":"2025-11-03T18:01:57","modified_gmt":"2025-11-03T18:01:57","slug":"standard-chartered-ceo-predicts-all-transactions-on-blockchains-all-money-will-be-digital-during-hong-kong-fintech-week","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=56438","title":{"rendered":"Standard Chartered CEO Predicts All Transactions On Blockchains, All Money Will Be Digital During Hong Kong FinTech Week"},"content":{"rendered":"<div>\n<p><span style=\"font-weight: 400\">\u201cPretty much all transactions will settle on blockchains eventually, and that all money will be digital,\u201d said <\/span><span style=\"font-weight: 400\">Standard Chartered CEO Bill Winters. He predicted a <\/span><span style=\"font-weight: 400\">\u201ccomplete rewiring of the financial system\u201d while speaking at the Hong Kong FinTech Week. \u201cThink about what that means \u2013 a complete rewiring of the financial system,\u201d he said. \u201cBut we don\u2019t know exactly how.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400\">Notably, Standard Chartered\u2019s spot crypto trading offering became fully realised recently. The bank became the first G-SIB (Globally Systemically Important Bank) to offer its institutional clients direct spot trading access to Bitcoin (BTC) and Ether (ETH) in a regulated manner.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">StanChart CEO Bill Winters on stage saying \u201call money will be digital in future\u201d. Happening now at HK FinTech Week <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f1ed-1f1f0.png\" alt=\"\ud83c\udded\ud83c\uddf0\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> <a href=\"https:\/\/t.co\/Rsu9kgd9tJ\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/Rsu9kgd9tJ<\/a><\/p>\n<p>\u2014 Alan Lau (@alanlau999) <a href=\"https:\/\/twitter.com\/alanlau999\/status\/1985258554467738101?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">November 3, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400\">The service launched in July 2025 and integrates with Standard Chartered\u2019s existing trading platforms, allowing for the trading of Bitcoin and Ethereum on familiar Foreign Exchange interfaces. Additionally, clients can settle with a custodian of their choice, including the bank\u2019s in-house custody service offerings. <\/span><span style=\"font-weight: 400\">Rene Michau, Global Head of Digital Assets, explained that while the offering is currently limited to Asian and European trading hours, 24\/5 access is under consideration depending on client demand.<\/span><\/p>\n<p>Meanwhile, HSBC CEO Georges Elhedery agreed with Winters. He furthered the conversation by insisting on the importance and development of AI. <span style=\"font-weight: 400\">\u201cThis has been an eye opener,\u201d Elhedery said, as he spoke about China and Hong Kong\u2019s AI strategy, in contrast with the US, as evidenced by the \u201cDeepSeek moment.\u201d<\/span><\/p>\n<p><strong>DISCOVER:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">20+ Next Crypto to Explode in 2025<\/a><\/strong><\/p>\n<h2><strong>Hong Kong Opens Crypto Exchanges To Global Liquidity Via Shared Order Books<\/strong><\/h2>\n<p><span style=\"font-weight: 400\">Hong Kong will<a href=\"https:\/\/apps.sfc.hk\/edistributionWeb\/gateway\/EN\/news-and-announcements\/news\/doc?refNo=25PR182\" rel=\"nofollow\" target=\"_blank\"> allow<\/a> licensed crypto exchanges to connect with global order books. This will finally end the city\u2019s closed-loop model. <\/span><\/p>\n<p><span style=\"font-weight: 400\">Unveiled at Hong Kong FinTech Week, the Securities and Futures Commission (SFC) said that the change as part of a broader effort to align digital asset market structure with traditional finance.<\/span><\/p>\n<p>SFC CEO Julia Leung said, \u201cMaking steady strides in market liquidity and business offerings is crucial to sustaining the growth momentum of Hong Kong\u2019s digital asset ecosystem.\u201d<\/p>\n<p>She added, \u201cToday, we take a significant step to connect with global liquidity, underscoring our commitment to striking a right balance in fostering market innovation and vitality while upholding high standards for investor protection and market integrity.\u201d<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f1ed-1f1f0.png\" alt=\"\ud83c\udded\ud83c\uddf0\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> HONG KONG JUST ANNOUNCED PLANS TO EASE <a href=\"https:\/\/twitter.com\/hashtag\/BITCOIN?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">#BITCOIN<\/a> AND CRYPTO TRADING <\/p>\n<p>CHINA IS COMING!! <a href=\"https:\/\/t.co\/oG1VkFt4w5\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/oG1VkFt4w5<\/a><\/p>\n<p>\u2014 Vivek Sen (@Vivek4real_) <a href=\"https:\/\/twitter.com\/Vivek4real_\/status\/1985219916648345906?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">November 3, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER:\u00a0<\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025<\/span><\/a><\/strong><\/p>\n<h2>Hong Kong SFC Delivers Good News For HKD-Backed Stablecoins<\/h2>\n<p>When it comes to stablecoins, the SFC said that it will allow Platform Operators to offer trading in virtual assets without a 12-month track record for professional investors and for Hong Kong Monetary Authority-licensed stablecoins, as well as distribute tokenised securities and digital asset-related investment products.<\/p>\n<p>\u201cAdditionally, Platform Operators\u2019 associated entities may provide custody services for virtual assets or tokenised securities not traded on their platforms,\u201d the SFC said.<\/p>\n<p>Observers on X are asking, \u201cIs China testing the waters through Hong Kong?\u201d<\/p>\n<p><strong>Explore: <a href=\"https:\/\/99bitcoins.com\/news\/bitcoin-btc\/tether-ceo-on-usat-bitcoin-and-why-2025-was-the-right-time-for-entering-us-99bitcoins-event\/\">Tether CEO on USAT, Bitcoin, and Why 2025 Was the Right Time for Entering US: 99Bitcoins Event Coverage<\/a><\/strong><\/p>\n<p><span style=\"font-weight: 400\">    <\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h2>\n<p><span style=\"font-weight: 400\">    <\/p>\n<ul class=\"nnbtc-key-takeaways__list\">\n        <\/ul>\n<p><\/span><\/p>\n<p><span style=\"font-weight: 400\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        <\/li>\n<p><\/span><span style=\"font-weight: 400\">Hong Kong\u2019s decision to allow licensed exchanges to access global liquidity via shared order books is a pivotal structural shift. It aligns the city\u2019s crypto market with mature market practices.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\"><br \/>\n    <\/span><\/p>\n<p><span style=\"font-weight: 400\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <\/li>\n<p><\/span><span style=\"font-weight: 400\">The SFC\u2019s policy coincides with broader efforts to diversify Hong Kong\u2019s product set, including permissions for licensed platforms to support digital securities and integrate more regulated stablecoin offerings for professional investors.<\/span><\/p>\n<p><span style=\"font-weight: 400\"><br \/>\n    <\/span><\/p>\n<p><span style=\"font-weight: 400\"><br \/>\n    <\/span><\/p>\n<p><span style=\"font-weight: 400\">    <\/span><\/p>\n<\/div>\n<p>    <\/span><\/p>\n<p>\u00a0<\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/bitcoin-btc\/standard-chartered-ceo-predicts-all-transactions-on-blockchains-all-money-will-be-digital-during-hong-kong-fintech-week\/\">Standard Chartered CEO Predicts All Transactions On Blockchains, All Money Will Be Digital During Hong Kong FinTech Week<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u201cPretty much all transactions will settle on blockchains eventually, and that all money will be digital,\u201d said Standard Chartered CEO Bill Winters. He predicted a \u201ccomplete rewiring of the financial system\u201d while speaking at the Hong Kong FinTech Week. \u201cThink about what that means \u2013 a complete rewiring of the financial system,\u201d he said. \u201cBut [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-56438","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/56438","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=56438"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/56438\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=56438"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=56438"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=56438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}