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

Hong Kong Launches Project Ensemble, a Wholesale CBDC and Tokenized Deposits Initiative
© Copyright Image: Crypto Breaking News

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. [] Source: Bitcoin.com

The post Hong Kong Launches Project Ensemble, a Wholesale CBDC and Tokenized Deposits Initiative appeared first on Crypto Breaking News.

Read more: https://www.cryptobreaking.com/hong-kong-launches-project-ensemble-a-wholesale-cbdc-and-tokenized-deposits-initiative/

Text source: Crypto Breaking News

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Crypto Breaking News
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Sat, 09 Mar 2024
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