The Hong Kong Monetary Authority (HKMA) launched the Project Ensemble sandbox on August 28, focusing on real-world asset tokenization and interbank settlement using a wholesale central bank digital currency (wCBDC).
XingChiThe Hong Kong financial market has ushered in an important moment - the Hong Kong Monetary Authority and the Hong Kong Securities and Futures Commission have officially launched the Ensemble tokenization sandbox, providing a testing platform for the tokenization of financial resources, which is expected to completely change the traditional financial system.
JinseFinanceThe Hong Kong Monetary Authority announced the progress of the first phase of the Ensemble project (Sandbox) and detailed four major tokenization case studies.
JinseFinanceThe use of digital RMB will provide Hong Kong and Mainland residents with an additional safe, convenient and new cross-border payment option.
JinseFinanceOn April 16, 2024, the Hong Kong Monetary Authority (HKMA) issued guidelines on distributed ledger technology (DLT).
JinseFinanceAccording to official statements, the Hong Kong Monetary Authority hopes to use the "sandbox" to communicate regulatory expectations to institutions interested in issuing fiat currency stablecoins in Hong Kong and collect participants' opinions on the proposed regulatory requirements.
JinseFinanceEddie Yue, Chief Executive of the Hong Kong Monetary Authority, announced yesterday that in the coming months, they anticipate launching the second tokenized green bond.
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