Source: South China Morning Post “This phase of the HKMA’s digital currency programme will focus on efficiency and whether the e-HKD attracts and entices users.” Deputy CEO Howard Lee says. The Hong Kong Monetary Authority (HKMA) has launched the second phase of the e-HKD pilot programme to examine the feasibility of 11 new use cases,… Continue reading Hong Kong’s central bank to explore 11 use cases in phase 2 of e-HKD pilot
Tag: HKMA
HKMA Launches Project Ensemble Sandbox for Asset Tokenization
Source: The Crypto Times Project Ensemble launches, advancing asset tokenization and wCBDC use, signaling Hong Kong’s commitment to modernizing financial transactions. The Hong Kong Monetary Authority (HKMA) unveiled the Project Ensemble sandbox on August 28. This initiative marks a significant step in studying asset tokenization and interbank settlements through a wholesale central bank digital currency… Continue reading HKMA Launches Project Ensemble Sandbox for Asset Tokenization
HKMA’s New Guidelines Aim to Equip Bank Employees for AI Transformation
Source: Fintech News Hong Kong In response to the rapid integration of Artificial Intelligence (AI) in banking, the Hong Kong Monetary Authority (HKMA) announced updated guidelines focused on manpower development and training in the banking sector. This initiative reflects the HKMA’s commitment to supporting the industry’s adaptation to AI advancements while ensuring sustainable employment practices.… Continue reading HKMA’s New Guidelines Aim to Equip Bank Employees for AI Transformation
