Standard Chartered CEO Predicts a Fully Blockchain-Based Global Financial System
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- Bill Winters predicts that nearly all global transactions will eventually settle on blockchain.
- Standard Chartered partners with Ant International to execute blockchain-based treasury transactions.
- The bank joins multiple Hong Kong initiatives, including Project Ensemble and stablecoin pilots.
Standard Chartered CEO Bill Winters has predicted that nearly all transactions will eventually take place on blockchain networks. Speaking at Hong Kong FinTech Week, Winters said that the transformation will amount to a “complete rewiring of the financial system,” with experimentation and innovation at its core.
Hong Kong’s Leadership in Crypto
Winters praised Hong Kong’s leadership in driving blockchain experimentation and regulatory clarity, indicating the city’s role as a regional hub for digital assets.
Standard Chartered has been an active participant in …
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