Hong Kong Launches Project Ensemble, a Wholesale CBDC and Tokenized Deposits Initiative

The federal government of Hong Kong has introduced Challenge Ensemble, an initiative that may take a look at the performance of a wholesale central financial institution digital forex (WCBDC) and the motion of tokenized deposits. If there may be “enough curiosity” within the challenge, the Hong Kong Financial Authority (HKMA) will conduct a stay issuance of the WCBDC sooner or later. […]



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