The Hong Kong Monetary Authority (HKMA) has initiated a project named “Project Ensemble” focused on developing a wholesale central bank digital currency (wCBDC).
The Hong Kong Monetary Authority (HKMA) issued guidance for firms interested in offering crypto custodial services. Among the requirements, the HKMA wants firms.
In the HKMA sandbox, HSBC and Ant Group successfully tested tokenized deposits with the goal of real-time treasury fund transfers and improved banking.
