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The Hong Kong Monetary Authority announced the launch of the second phase of CBDC, namely digital Hong Kong dollar (e-HKD)

The Hong Kong Monetary Authority announced the launch of the second phase of CBDC, namely digital Hong Kong dollar (e-HKD)

2024/03/19 09:47

Deep Tide TechFlow News, the Hong Kong Monetary Authority announced the launch of the second phase of CBDC, namely e-HKD. This new phase will focus on further exploring currency use cases that have already been studied, including programmability and tokenization, and adding new use cases that have not been explored before.

In addition, the pilot project will establish a new sandbox supported by Ensemble's wholesale project focused on CBDC to "promote research on interoperability between e-HKD and other forms of tokenized currencies and interbank settlement."

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