HKMA Unveils Project Ensemble Sandbox to Propel Tokenisation Adoption
The Hong Kong Monetary Authority (HKMA) has officially launched the Project Ensemble Sandbox this week, marking a significant advancement in the application of tokenisation within the financial sector. The ceremony introduced four core themes of asset tokenisation use cases for the initial experimental phase, setting the stage for a transformative shift in the industry. The […]
Banque de France and HKMA to Collaborate on Wholesale CBDC and Tokenization Effort
Last week, the Banque de France (BDF) and the Hong Kong Monetary Authority (HKMA) unveiled a significant partnership focused on the development of wholesale central bank digital currency (CBDC). This collaboration represents the HKMA’s participation in the second phase of the European Central Bank (ECB)’s Eurosystem exploratory work. It marks a pivotal moment as the […]
Hong Kong Introduces New Group to Expand Tokenization Market
The Hong Kong Monetary Authority (HKMA) has launched the Project Ensemble Architecture Community (PEAC) to collaborate with various industry stakeholders in advancing Hong Kong’s tokenization market. This initiative seeks to establish a framework of industry standards aimed at enhancing interoperability among different digital assets, including wholesale Central Bank Digital Currencies (wCBDC), tokenized money, and tokenized […]