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Hong Kong

Tokenization, CBDCs poised to increase Hong Kong’s GDP by $20.4 billion: study
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29 March, 2024

Tokenization, CBDCs poised to increase Hong Kong’s GDP by $20.4 billion: study

Experts forecast that Hong Kong could add $20.5 billion to its economy by 2032 as it ramps up CBDC and...
Hong Kong leverages blockchain in digitizing shipping sector, powering up CBDC trial
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28 March, 2024

Hong Kong leverages blockchain in digitizing shipping sector, powering up CBDC trial

GSBN, with help from Ant Group, is modernizing the shipping industry through eBL, a blockchain-powered prototype that tokenizes goods and...
Hong Kong begins CBDC pilot phase 2 to explore wider use cases
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21 March, 2024

Hong Kong begins CBDC pilot phase 2 to explore wider use cases

The new iteration of its CBDC, the e-HKD, intends to explore new use cases for the CBDC in retail and...
Hong Kong lawmaker proposes Web3 financing platform for Greater Bay Area
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14 March, 2024

Hong Kong lawmaker proposes Web3 financing platform for Greater Bay Area

Johnny Ng pitched the platform to China’s central political advisory body—the CPPCC National Committee—for blockchain firms in Hong Kong, Macao,...
Hong Kong to trial wholesale CBDC in interbank settlements
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13 March, 2024

Hong Kong to trial wholesale CBDC in interbank settlements

The HKMA's CBDC project supporting tokenization will center on innovative infrastructure for interbank settlement, with aid from banking institutions, the...
HSBC HK targets tokenization offerings in new diversification drive
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10 March, 2024

HSBC HK targets tokenization offerings in new diversification drive

As it moves to fully embrace emerging technologies, HSBC Hong Kong plans to offer tokenized assets to its wealth management...
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