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STANCHART, BANKCOMM Sign MOU to Form Joint Task Force to Explore Cross-border Payment & Settlement for Digital Currency
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STANCHART (02888.HK) and BANKCOMM (03328.HK) entered into a "Memorandum of Understanding (MOU) on Digital Currency Strategy" during the Swift International Banker's Operation Seminar (Sibos) today (21st), aiming to promote joint innovation and business development in the field of digital currency, and to jointly promote the development and application of digital currency. Pursuant to the MOU, the two parties will set up a joint task force to jointly explore the establishment of a cross-border payment and settlement basic system and mechanism for digital currencies, enhance the efficiency and convenience of cross-border payment and settlement, and create a richer range of digital currency application scenarios. Through the innovation of application scenarios, the two parties will bring incremental customer value and promote the expansion of the scope of application of digital currency. AAStocks Financial News |
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