Hong Kong Launches Project Ensemble, a Wholesale CBDC and Tokenized Deposits Initiative
Submitted by Anonymous (not verified) on Sat, 03/09/2024 - 04:40
The government of Hong Kong has announced Project Ensemble, an initiative that will test the functionality of a wholesale central bank digital currency (WCBDC) and the movement of tokenized deposits. If there is “sufficient interest” in the project, the Hong Kong Monetary Authority (HKMA) will conduct a live issuance of the WCBDC in the future. […]