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The Hong Kong Monetary Authority collaborates with the Central Bank of Brazil and the Bank of Thailand on cross-border tokenization projects
The Hong Kong Monetary Authority today announced that it is partnering with the Central Bank of Brazil to conduct a cross-border tokenization trial under the Ensemble project and the Drex pilot scheme. The two sides' experimental central bank digital currency (CBDC) infrastructure, namely the Ensemble sandbox and Drex pilot platform, will be connected to explore the use cases of cross-border simultaneous settlement (PvP) and DvP settlement in areas such as trade finance and voluntary emission re...
2024-10-28 15:33:20
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