{"id":178585,"date":"2025-11-04T08:30:09","date_gmt":"2025-11-04T06:30:09","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=178585"},"modified":"2025-11-03T16:46:18","modified_gmt":"2025-11-03T14:46:18","slug":"standard-chartered-ceo-predicts-cash-will-disappear-as-all-money-goes-digital","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/standard-chartered-ceo-predicts-cash-will-disappear-as-all-money-goes-digital\/","title":{"rendered":"Standard Chartered CEO Predicts Cash Will Disappear as All Money Goes Digital"},"content":{"rendered":"<p>He <strong><a href=\"https:\/\/www.youtube.com\/watch?v=DnZcXqyYOl8\" rel=\"nofollow\">described<\/a><\/strong> the ongoing shift toward digital finance as \u201ca total rewiring of the global monetary system.\u201d<\/p>\n<p>Winters acknowledged that the path forward isn\u2019t fully mapped out, calling it a process that requires experimentation and adaptability. He praised Hong Kong for striking the rare balance between regulatory control and innovation, noting that its approach positions the city as a testing ground for the next generation of financial systems.<\/p>\n<p>His remarks echoed a broader theme at the conference \u2013 that Hong Kong\u2019s unique mix of openness, expertise, and proximity to mainland China gives it an edge as the world\u2019s financial landscape evolves.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-178331\" href=\"https:\/\/cryptodnes.bg\/en\/global-regulators-to-soften-bank-crypto-exposure-guidelines-says-report\/\" title=\"Global Regulators to Soften Bank Crypto Exposure Guidelines, Says Report\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2023\/03\/bank-1-915x600-2-1-e1690017012716-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Global Regulators to Soften Bank Crypto Exposure Guidelines, Says Report<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>HSBC\u2019s CEO Georges Elhedery reinforced this sentiment, pointing to the bank\u2019s $13.6 billion plan to privatize Hang Seng Bank as a clear statement of confidence in Hong Kong\u2019s potential. Beyond capital commitments, he said HSBC is channeling funds into education and research, particularly through partnerships with local universities to develop the next wave of fintech talent.<\/p>\n<p>Financial Secretary Paul Chan Mo-po added that Hong Kong\u2019s position as China\u2019s financial gateway strengthens its outlook even further. While comparing it to Switzerland\u2019s private wealth sector, Chan said the city\u2019s mix of \u201cworld-class services and the vast backing of the mainland market\u201d gives it unmatched momentum.<\/p>\n<p>With global banks and policymakers aligned on digital transformation, the city seems poised to anchor the next chapter of blockchain-driven finance \u2013 where the concept of money itself is entirely redefined.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>At this year\u2019s Hong Kong FinTech Week, Bill Winters, CEO of Standard Chartered, painted a bold picture of a world where cash disappears entirely and blockchain technology underpins every transaction.<\/p>\n","protected":false},"author":9,"featured_media":143838,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[],"coin_category":[],"class_list":["post-178585","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Standard Chartered CEO Predicts Cash Will Disappear as All Money Goes Digital - CryptoDnes EN<\/title>\n<meta name=\"description\" content=\"At this year\u2019s Hong Kong FinTech Week, Bill Winters, CEO of Standard Chartered, painted a bold picture of a world where...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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