News with the tag "e-HKD"

The Hong Kong Monetary Authority (HKMA) has moved into Phase 2 of its e-HKD pilot program, expanding its exploration into tokenized deposits and e-HKD. With 11 groups of firms selected, the initiative delves into practical applications such as offline payments and asset settlement. The creation of a...

The Hong Kong Monetary Authority is looking at a potential CBDC from a wide perspective.

The Hong Kong Monetary Authority (HKMA) started the second phase of its central bank digital currency (CBDC), e-HKD, on September 23. In an announcement, the HKMA disclosed that Phase 2 would see 11 groups of firms across various sectors explore the use of e-HKD and tokenized deposits. According to ...

Hong Kong Monetary Authority Launches Phase 2 of e-HKD Pilot Programme The Hong Kong Monetary Authority (HKMA) has officially launched Phase 2 of its e-HKD Pilot Programme, according to a press release issued on September 23, 2024. This new phase involves 11 groups of firms from various sectors, eac...

The Hong Kong Monetary Authority announced the launch of the second phase of the pilot of its CBDC, the digital Hong Kong dollar (e-HKD). This new phase will focus on furthering the research on already examined use cases for the currency, including programmability and tokenization, and adding new, n...

Hong Kong's central bank, the Hong Kong Monetary Authority (HKMA), announced today the launch of the second phase of its e-HKD pilot program. The post Hong Kong Gears Up for e-HKD: Phase Two Pilot Seeks CBDC Use Cases appeared first on Cryptonews .

The Hong Kong Monetary Authority (HKMA) has officially launched the second phase of its e-HKD pilot, which is an important move in the further study of central bank digital currencies (CBDCs) in the region. This second stage is designed to explore more deeply the functionalities and applications of ...

Hong Kong’s financial secretary said that the government will expand the e-CNY pilot and soon commence the second phase of e-HKD testing.

Source: HKMA The Hong Kong Monetary Authority (HKMA) is set to initiate the second phase of its digital Hong Kong Dollar project next year, focusing on the exploration of innovative applications and reinforcing collaborations across the financial industry. During the Fintech Foresight Seminar held b...

Ripple Labs is working on a pilot program with Hong Kong’s Fubon Bank to offer property equity access to residents. The developer of the XRP cryptocurrency revealed that the collaboration is a part of the e-HKD pilot project. Ripple and Fubon Bank were selected to demonstrate a use case for the sett...