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Hong Kong Financial Secretary: Exploring Blockchain to Enhance Transparency and Efficiency in Carbon Credit Trading

Summary: In breaking news, Hong Kong Financial Secretary Paul Chan Mo-po stated that the Hong Kong government has positioned Hong Kong as a regional green financial technology center. Last year, Hong Kong issued approximately $43 billion in green and sustainable bonds, with 60 related projects approved under the Green and Sustainable Finance Concept Verification Testing Funding ...

In breaking news, Hong Kong Financial Secretary Paul Chan Mo-po stated that the Hong Kong government has positioned Hong Kong as a regional green financial technology center. Last year, Hong Kong issued approximately $43 billion in green and sustainable bonds, with 60 related projects approved under the Green and Sustainable Finance Concept Verification Testing Funding Scheme. Chan mentioned that in the future, they will consider collaborating with other central banks to explore using blockchain technology to enhance transparency and efficiency in carbon credit trading. (RTHK)

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