TechFlow news, September 8 — According to Hong Kong Radio, Financial Secretary of Hong Kong's Financial Services and the Treasury Bureau, Paul Chan, stated that the Hong Kong government has positioned the city as a regional green fintech hub. Last year, Hong Kong issued approximately $43 billion in green and sustainable bonds. The Green and Sustainable FinTech Proof-of-Concept Subsidy Scheme has so far approved 60 green fintech projects. Hong Kong will explore collaboration with other central banks to leverage blockchain technology to enhance transparency and efficiency in carbon credit trading.
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