Worldpay's Yvonne Szeto at Hong Kong Fintech Week

The video discusses Hong Kong's initiative to legalize retail cryptocurrency trading, aiming to lead globally. It emphasizes the importance of a consistent regulatory framework for crypto adoption, highlighting global perspectives and potential guardrails. The discussion extends to embedded financial services like payments, insurance, and savings, showing their growing adoption. Challenges in B2B and cross-border payments are addressed, with new payment infrastructures emerging. The potential of decentralized finance is explored, stressing the need for regulatory clarity and education to foster ecosystem growth.

What is Hong Kong's goal in the cryptocurrency market?

• To restrict retail trading

• To lead globally

• To become a regional player

• To eliminate digital assets

Why are regulatory frameworks important for digital assets?

• They reduce skepticism

• They limit market growth

• They increase ambiguity

• They hinder adoption

What is the purpose of guardrails in the retail space for digital assets?

• To increase risk

• To provide investment confidence

• To restrict market access

• To eliminate digital payments

Which embedded financial service had the highest usage according to the survey?

• In-app payments

• Embedded insurance

• Embedded savings

• Buy now, pay later

What is a common use case for embedded insurance?

• Buying groceries

• Real estate

• Travel sector

• Online gaming

What is a major challenge in B2B payments?

• Limited payment options

• High transaction fees

• Cross-border payments

• Local transactions

What can drive exponential growth in decentralized finance?

• Reduced education

• Proper regulatory framework

• Lack of regulation

• Increased ambiguity