Hong Kong Monetary Authority's Eddie Yue: "FinTech 2030" Focuses on Four Major Areas Covering Over 40 Specific Projects

The Hong Kong Monetary Authority announced "FinTech 2030" at the Hong Kong FinTech Week 2025 today (November 3). Eddie Yue, the Chief Executive of the Hong Kong Monetary Authority, outlined the vision of "FinTech 2030", aiming to develop Hong Kong into a robust, resilient and forward-looking international FinTech hub. "FinTech 2030" focuses on four key areas, collectively known as "DART", covering more than 40 specific projects. These include: Building a new generation of data and payment infrastructure: The Hong Kong Monetary Authority will develop robust and future-oriented infrastructure to support secure, efficient and scalable data sharing and enhance cross-border payment connectivity, creating new opportunities in various aspects such as expanding credit channels for businesses, promoting trade financing, providing more personalized financial services for citizens, and facilitating more convenient cross-border remittances. Supporting comprehensive application of artificial intelligence in the industry: The Hong Kong Monetary Authority will launch a new "AI2" strategy to further promote the comprehensive and responsible use of artificial intelligence in the financial industry in Hong Kong and beyond. The Hong Kong Monetary Authority will collaborate with the industry to build shared and scalable artificial intelligence infrastructure and financial industry-specific models. The Hong Kong Monetary Authority is committed to using artificial intelligence to enhance the reach, convenience and personalization of banking services while maintaining transparency and accountability to uphold public trust. Strengthening business and technology resilience, and preparing for the era of quantum computing: The Hong Kong Monetary Authority will take proactive measures, including developing a new authentication framework for financial technology network security and establishing new warning systems through real-time analysis to strengthen the resilience of the financial system. In planning for the future development of quantum finance, the Hong Kong Monetary Authority will promote industry preparation for Post-Quantum Cryptography (PQC) and build infrastructure with quantum resistance to ensure the security of financial services. Promoting tokenization of assets: To drive the thriving tokenization ecosystem in Hong Kong, the Hong Kong Monetary Authority will further advance the tokenization of real-world assets, including financial assets. The Hong Kong Monetary Authority will lead by example in tokenizing government bonds issuance, and explore the feasibility of tokenizing foreign exchange funds and bond issuance. Settlement of these assets on the blockchain will be achieved through new digital currencies, including digital Hong Kong dollars, tokenized deposits, and regulated stablecoins. The Hong Kong Monetary Authority is set to launch the Ensemble project pilot program to support real transactions, continue to collaborate with industry stakeholders and other central banks to nurture innovative tokenization use cases. Eddie Yue said, "The power of public-private partnerships and cross-border cooperation is laying a more solid foundation for us to move towards the goal of 'FinTech 2030'. With the clear direction of the 'DART' strategy, let us work together to reshape the future of finance, open a new chapter, break boundaries, and jointly promote a more sustainable and inclusive development of the FinTech ecosystem."