CoinspeakerHong Kong Forms Working Group to Support Tokenization, CBDC Interoperability The Architecture Community aims to enhance interoperability between wCBDC and tokenized assets, where wCBDC acts as a digital bridge to facilitate smooth interbank settlements for tokenized assets. Hong Kong Forms Working Group to Support Tokenization, CBDC Interoperability
Read More »Hong Kong CBDC Advances to Phase 2 after Successful First Phase
The e-HKD program has taken a three-rail approach for the potential implementation of the virtual currency: foundation layer development, industry pilots and iterative enhancements, and full launch. Hong Kong’s central bank digital currency (CBDC) pilot is set to advance to its second phase following the successful completion of phase one. The first phase was largely focused on full-fledged payments, programmable payments, offline payments, tokenized deposits, and the settlement of Web3...
Read More »Hong Kong Reviewing Stance on Retail Investors and Virtual Assets
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