DigiNepal
Tokenised gold bar to advance Hong Kong’s ambitions as digital, metal trading hub
Tokenised gold bar to advance Hong Kong’s ambitions as digital, metal trading hub
Hong Kong’s plan to start an interbank tokenised gold transaction project marks a crucial step in its quest to make itself a key global hub for the strategically important precious metal, according to analysts. The city planned to launch a gold token representing a standard 400-ounce gold bar, referencing HAU, Hong Kong’s ticker for gold prices launched earlier this year, said Secretary for…