By Yonnex Li ( February 25, 2025, 05:33 GMT | Insight) -- The Hong Kong Monetary Authority has leveraged evolving technologies to stir competition among banks, prompting traditional players to modernize and adapt, according to deputy chief executive Arthur Yuen. The regulator also noted that technologies could pose high entry barriers.The Hong Kong Monetary Authority, or HKMA, has leveraged evolving technologies to stir competition among banks, prompting traditional players to modernize and adapt, according to Arthur Yuen, deputy chief executive of the city's de-facto central bank....
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