Capital Markets

On April 12, it was reported that at the Web3 Hong Kong Carnival Summit held today, Liu Huiping, Vice President of the Hong Kong Trade Development Council, said that Hong Kong\’s ec

On April 12, it was reported that at the Web3 Hong Kong Carnival Summit held today, Liu Huiping, Vice President of the Hong Kong Trade Development Council, said that Hong Kong\’s ec

According to reports, Larry Fink, CEO of global asset management giant BlackRock, stated in his latest annual investor letter that very interesting developments are taking place in the field of digital assets, and many emerging markets, such as India, Brazil, and parts of Africa, are witnessing significant progress in digital payments, reducing costs, and promoting financial inclusion. In contrast, many developed markets, including the United States, lag behind in innovation, resulting in much higher payment costs. Larry Fink also predicted that the Federal Reserve would continue to focus on fighting inflation and increasing interest rates, and that the current banking crisis will place greater emphasis on the role of capital markets. He explained, “As banks may be subject to more restrictions on lending, or as their customers realize that these assets and liabilities do not match, I expect they may turn to the capital markets for financing.” (Blackrock) BlackRock CEO: Backward digital asset innovation in developed markets such as the…