
Hong Kong Monetary Authority
Hong Kong Monetary Authority skeptical against algorithmic stablecoins
In the "Conclusion of Discussion Paper on Crypto-assets and Stablecoins," HKMA confirmed that it received 58 submissions, urging it to...
Hong Kong central bank governor optimistic on virtual currency; South Korean counterpart fazed by FTX implosion
Eddie Yue of the HKMA says reducing risks associated with digital assets can be achieved by regulating off-chain activities, while...
Hong Kong reveals new CBDC design in collaboration with BIS Innovation Hub
Project Aurum highlighted a technological stack to explore the viability of wholesale and retail CBDCs, utilizing two different tokens—intermediated CBDCs...
Hong Kong launches trials for more suitable use cases for e-HKD: report
Eddie Yue, head of the HKMA, noted that the trials would involve commercial banks and are scheduled to begin sometime...
HKMA: Hong Kong inches toward launching wholesale CBDC
The HKMA has not yet issued a time frame, but experts believe that a full launch could take up to...
Bank for International Settlements, Hong Kong central bank tap distributed ledger tech to raise SME funding
The Hong Kong Monetary Authority and the Bank for International Settlements seek to leverage the benefits of decentralized finance and...
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