HKMA launches Project Ensemble sandbox for tokenised deposits via wCBDC
A host of firms are testing across liquidity management; green and sustainable finance; trade and supply chain finance; and fixed income and investment funds. The HKMA has also launched a SME task force and connected to the Companies Registry.
On August 28 the Hong Kong Monetary Authority (HKMA) said it has set-up its Project Ensemble sandbox in order to explore the use of tokenisation with a wholesale central bank digital currency (wCBDC).
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