Hong Kong's Central Bank launches a pilot for a wholesale CBDC project, "Project Ensemble," to support tokenization and create an interoperable platform.
Hong Kong's Central Bank, the Hong Kong Monetary Authority (HKMA), has launched a pilot for a wholesale CBDC project to support tokenization market and create an interoperable platform for improved efficiency, transparency, and inclusion. The project, known as "Project Ensemble," involves the creation of a "wCBDC Architecture Community" and aims to bridge the gap between tokenized real-world assets and money in transactions.
March 07, 2024
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