October 16, 2024
Hong Kong goes all-in on digital tokens to modernize finance #JapanFinance

Hong Kong goes all-in on digital tokens to modernize finance #JapanFinance

CashNews.co

HONG KONG — The Hong Kong financial sector has embarked on an ambitious project to streamline transactions of traditional assets through the use of digital tokens.

The Hong Kong Monetary Authority (HKMA), the de facto central bank, launched Project Ensemble Sandbox in a hall on 56th floor of the International Finance Centre, the skyscraper in the Central financial district where the HKMA is headquartered.