PANews reported on October 30 that Eddie Yue, Chief Executive of the Hong Kong Monetary Authority (HKMA), published an article in *The Hong Kong Insights* titled "Paving the Way for Hong Kong's Digital Economy," announcing the release of the next phase of its fintech development blueprint to ensure Hong Kong remains at the forefront of fintech. The HKMA will explore central bank digital currencies (CBDCs) and build next-generation data infrastructure, further studying tokenization to improve the financial system. In addition, Hong Kong will establish a comprehensive digital currency framework to promote the complementary coexistence of different forms of tokenized currencies, including digital Hong Kong dollars, tokenized deposits, and regulated stablecoins.PANews reported on October 30 that Eddie Yue, Chief Executive of the Hong Kong Monetary Authority (HKMA), published an article in *The Hong Kong Insights* titled "Paving the Way for Hong Kong's Digital Economy," announcing the release of the next phase of its fintech development blueprint to ensure Hong Kong remains at the forefront of fintech. The HKMA will explore central bank digital currencies (CBDCs) and build next-generation data infrastructure, further studying tokenization to improve the financial system. In addition, Hong Kong will establish a comprehensive digital currency framework to promote the complementary coexistence of different forms of tokenized currencies, including digital Hong Kong dollars, tokenized deposits, and regulated stablecoins.

                                                                               Rich Dad, Poor Dad author Robert Kiyosaki says he prefers accumulating gold, silver, oil, Bitcoin, and Ether, which he deems “hard money.”                     Rich Dad Poor Dad author Robert Kiyosaki, a strong proponent for Bitcoin, says it is “criminal” that kids are being taught from a young age to work for an inflationary currency while arguing the virtues of Bitcoin. “Go to school, get a job, work hard, save money, and invest in a 401(k) full of garbage,” Kiyosaki said during a podcast hosted by Bitcoin Collective Co-Founder Jordan Walker on Wednesday. Kiyosaki pulled no punches as he lambasted central banks, equating them to “criminal organizations” and even calling them “Marxists,” as he says that every time central banks print money, it makes the rich richer, while the other economic classes suffer.Read more