The rise of the digital economy is a major trend in contemporary global economic development. The new financial developments under technological innovation have also become a leading sector of development in many countries and regions. Hong Kong, the world’s financial capital, and Chief Executive John Lee stated that the development of Web 3.0 is now at a golden starting point. The development of the Web 3.0 ecosystem promotes economic growth, and to achieve high-quality economic development, technological innovation is an important indicator in the global digital economic transformation process.
Developed countries with advanced digitalize industries, for instants the latest Web3 Festival event held in Hong Kong, have a stronger driving force for the development of the digital economy. The development of the digital economy and the Web3.0 craze also provide strong support for the modernization process of Cyprus. Cyprus, officially known as the Turkish Republic of Northern Cyprus, is located at the intersection of Asia, Europe, and Africa and is an important hub of maritime traffic. It has a highly developed textile industry and tourism industry and is also the most popular tourist destination in the Mediterranean region, serving as Europe’s backyard. In recent years, various digital financial products have emerged on the popular streets and roads of Cyprus, including Bitcoin ATMs and Coinbase exchange stores. All these signs indicate that Cyprus is at the forefront of digital economic development.
The Prime Minister of the Turkish Republic of Northern Cyprus, Ünal Üstel, held a meeting session with Su Ruoshi, the Global Ambassador of WMBT International Investment Group, in his office. Su Ruoshi is the Vice President of the Singapore e-commerce Association, the Asia Pacific Representative of the Global Digital Exchange, the Chairman of Hong Kong Zhongding Capital, and the Vice President of the European Union Chamber of Commerce. Su Ruoshi represented WMBT Investment Group and sharing on the group’s development in Cyprus and its future plans, how to enhance the national economy of Cyprus, furthermore Prime Minister gave high recognition to WMBT for promote the innovative of digital economy development in Cyprus. He also stated that he would continue to deepen cooperation, jointly develop and would provide the greatest policy support to the WMBT Investment Group.
Cyprus has a broad network speed and coverage, which provides a solid foundation for the trading of country’s digital asset ecology. It has introduced the first digital securities exchange in Europe, GD Exchange (GDE), which is as popular as the Nasdaq Exchange. GDE is suitable for any type of digital asset trading, and WMBT e-stocks are digital assets issued by WMBT International Investment Group in Cyprus under the WMBT BANK (digital bank) system.
As the world’s first digital stock issued synchronously, WMBT can be converted into valuable assets such as USDT, BTC, USD, and Turkish Lira at any time after being listed on the GDE European Digital Securities Exchange. Its flexible exchange is due to the WMBT Group’s huge integrated strength in Cyprus, which includes entertainment hotels, casino resorts, and a variety of industries for clothing, food, housing, and transportation. WMBT stocks can be instantly controlled through WMBT Bank and support the purchase of any country’s fiat currency and digital currency. The WMBT Bank acts as an intermediary also provide digital stocks, digital real estate, digital art, etc.
