On March 7th, the Hong Kong Monetary Authority (HKMA) announced the launch of “Project Ensemble”, a wholesale central bank digital currency (wCBDC) initiative aimed at supporting the growth of Hong Kong’s tokenisation market. This project will explore innovative financial market infrastructure (FMI) to enable seamless interbank settlement of tokenised money using wCBDC. The initial … Continue reading HKMA launches wholesale central bank digital currency initiative