The Hong Kong Monetary Authority (HKMA) has unveiled plans to collaborate with industry stakeholders to explore the potential of asset tokenization. According to its latest official announcement, the island’s top financial regulator and central bank revealed that it was forming a special community, named "Project Ensemble Architecture Community," comprising industry ...
The Bank for International Settlements (BIS) Innovation Hub, the Bank of Israel (BoI), and the Hong Kong Monetary Authority (HKMA) have released a comprehensive report detailing the outcomes of their joint central bank digital currency (CBDC) experiment, known as Project Sela. The report highlighted the success of Project Sela in ...
Hong Kong's Monetary Authority (HKMA), the central bank and regulator of the region, is reportedly urging major banks like HSBC and Standard Chartered to reconsider their reluctance to accept cryptocurrency exchanges as clients. According to a report by Financial Times on June 15, 2023, sources familiar with the matter revealed ...
