News and commentary on how policy and regulation impacts the cryptocurrency industry and digital currency exchanges.
The Hong Kong Stock Exchange’s Stock Connect system, which links Hong Kong’s stock markets with those in mainland China, is getting an upgrade thanks to blockchain technology.
Synapse is able to simultaneously create settlement instructions for all parties along the settlement chain, facilitating concurrent processing, while also providing near-instantaneous status updates to all parties involved in the trade,The average daily turnover of the Stock Connect totaled $15.302 billion in the first half of 2023, up 5 percent from a year earlier, and a 50 percent increase from 2020 levels.
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