Hong Kong plans to launch a new gold settlement system before July or allow trading settlement of "anonymous gold accounts".
Zhitan Finance and Economics APP learned that according to media reports quoting knowledgeable sources, Hong Kong is accelerating its plan to create an international gold trading center, aiming to launch a new gold settlement system before July this year. The system, owned by the Hong Kong government, will reference the financial infrastructure model of the world's largest gold market in London, allowing participants to conduct trading settlements through "anonymous gold accounts."
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