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Hong Kong, Shanghai authorities to test blockchain for cargo trade data
📰 sources⭐ 9.0
TL;DR:
The Hong Kong Monetary Authority and Shanghai partners will study a blockchain cross-border platform linking cargo trade data, e-bills of lading and finance under Project Ensemble.
Key Points:
Background:
Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.
Why It Matters:
This development could influence LINK price action and market sentiment in the near term.