Hong Kong Launches Project Ensemble, a Wholesale CBDC and Tokenized Deposits Initiative

The authorities of Hong Kong has announced Project Ensemble, an inaugural that volition trial the functionality of a wholesale cardinal slope integer currency (WCBDC) and the question of tokenized deposits. If determination is “sufficient interest” successful the project, the Hong Kong Monetary Authority (HKMA) volition behaviour a unrecorded issuance of the WCBDC successful the future. […]