Standard Chartered Selects Hong Kong As Key Hub For Its Worldwide Initiative

Standard Chartered has selected Hong Kong as the cornerstone for its worldwide strategy in digital finance and distributed database in pursuit of higher returns and to remain at the forefront of technology.

In an interview with the South China Morning Post on 10 November 2025, CEO Bill Winters articulated that Hong Kong’s progressive mindset and innovative stance toward crypto regulations render it an ideal location for developing new financial tools based on blockchain.

Moreover, he underscored the Hong Kong Monetary Authority’s (HKMA) pilot initiatives in this realm, featuring tokenized deposits, digital currencies for banking institutions, and stablecoins, as evidence that the city’s regulators are fostering innovation while safeguarding investors.

“We’re going to maintain our lead in digital technology, and any margin we give up, we’re going to recover in volume by delivering enhanced service to our clientele,” Winters remarked.

NEW: Standard Chartered is banking on Hong Kong’s forward-thinking crypto regulations to serve as a foundation for its worldwide distributed record and digital finance strategy, announces CEO Bill Winters.

Standard Chartered is establishing Hong Kong as the bedrock of its global #blockchain and digital finance… pic.twitter.com/yJiNwpDAIG

— Crypto Bazari (@CryptoBazari) November 10, 2025

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Fintech 2030: Hong Kong Unveils 5-Year Initiative to Enhance Innovation

Hong Kong is advancing its efforts. It seeks to emerge as a global leader in digital finance. Aim high, I suggest, as if not a worldwide frontrunner, it can certainly lead regionally in the coming years.

Last week, the HKMA launched its five-year initiative labeled Fintech 2030 to expedite innovation within the city’s financial ecosystem. This strategy revolves around four primary areas: data and payments, artificial intelligence, resilience, and tokenization.

Collectively known as the DART framework, it is crafted by the authorities as a roadmap for the upcoming phase of fintech expansion in Hong Kong.

The Hong Kong Monetary Authority (HKMA) published a report on Phase 2 of its e-HKD program, detailing outcomes of several industry initiatives, including a major cross-chain settlement solution developed with Chainlink, ANZ, China AMC, and Fidelity International.… pic.twitter.com/uMGYsjW8TB

— Chainlink (@chainlink) October 28, 2025

In addition, the initiative encompasses 40 new projects focused on integrating innovative technology, enhancing cybersecurity, and widening access to financial services to ensure availability for all.

Should these efforts succeed, they may enable the industry to generate over $600 billion in revenue by 2032.

Simultaneously, regulators are facilitating the trading of digital assets. Julia Leung, Chief Executive of the Securities and Futures Commission, stated, “Licensed crypto exchanges in Hong Kong will soon be permitted to connect with global order books.”

This means that local platforms can tap into greater trading volumes and attract larger investors. Meanwhile, Standard Chartered has deeply engaged in Hong Kong’s sandboxes, which serve as experimentation grounds for new blockchain technologies.

Winters is confident that distributed database can reduce costs and enhance the efficiency of financial transactions.

“In the end, individuals will prioritize secure, efficient, and cost-effective money transfers,” he noted. “Financial markets invariably find a way.”

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Standard Chartered Pledges $1 Billion to Wealth Initiative in Hong Kong

Standard Chartered’s emphasis on digital currencies is beginning to yield positive outcomes. In the third quarter, the bank reported a 10% rise in its net profits, reaching $1.03 billion.

This growth has primarily arisen from sectors such as wealth management, cross-border payments, and digital services.

“These sectors are less capital-intensive, yield higher returns, and are rapidly expanding, so we’re keen to continue investing resources there,” Winters remarked.

Hong Kong remains a focal point for the bank’s wealth management operations across Asia, the Middle East, and Africa.

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