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Cryptopolitan 2024-03-09 21:00:32

Hong Kong launches project to test WCBDC and tokenized deposits

Hong Kong is accelerating its exploration of digital currencies and tokenization with the announcement of “Project Ensemble” by the Hong Kong Monetary Authority (HKMA). This initiative aims to assess the feasibility of a wholesale central bank digital currency (WCBDC) and the tokenization of private bank deposits. Hong Kong floats Project Ensemble Under Project Ensemble, the

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