News with the tag "tokenized deposits"

BitcoinWorld HSBC Tokenized Deposit Service Accelerates 24/7 Corporate Payments in Hong Kong In a significant move signaling the growing convergence of traditional finance and digital assets, global banking giant HSBC has officially launched a groundbreaking service for its corporate clients in Hong...

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

The HKMA's project is gearing up for more testing after successful initial trials.