Hong Kong unveils completed retail CBDC project that has a CBDC-backed stablecoin

2022-10-22 21:45

The Hong Kong Monetary Authority and the BIS Innovation Hub cooperated on a unique CBDC design that reflects the realities of money issuing in the special administrative region. origin »

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cbdc hong kong reflects realities design unique

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Источник: cointelegraph.com

cbdc hong → Результатов: 33

Hong Kong Monetary Authority Invites Views on Retail CBDC

The Hong Kong Monetary Authority has issued a discussion paper inviting views on the key issues around a central bank digital currency (CBDC).

2022-4-27 14:28	policy
cbdc hong views monetary kong authority around

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Peru to partner with India, HK and Singapore central banks on a CBDC

The president of Peru’s central bank has indicated that the country will be joining forces with India, Singapore and Hong Kong to develop its own central bank digital currency.

2021-11-18 08:56	Digital Currency
central singapore peru bank india hong forces

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Hong Kong issues whitepaper on 'architectures and design options' for retail CBDC

Countries all over the globe are steadily reaching new milestones in development of their own Central Bank Digital Currencies (CBDCs). China was undoubtedly in the lead, with the release of its first The post Hong Kong issues whitepaper on 'architectures and design options' for retail CBDC appeared first on AMBCrypto.

2021-10-4 18:00	News
hong cbdc retail architectures whitepaper options kong

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Fed Launching Digital Dollar Review This Week, Hong Kong’s Central Bank Publishes Technical Whitepaper on Retail CBDC

Meanwhile, Bank of Japan Governor Haruhiko Kuroda showed concerns towards stablecoins which are “closely linked to the central bank currency,” as they could have “some impact on the financial system.

2021-10-4 16:08	CBDC
bank central linked closely concerns towards stablecoins

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Hong Kong exploring CBDC as part of fintech strategy

A new study from Hong Kong regulators is expected to present initial thoughts and findings on CBDCs during the summer of 2022.

2021-10-4 14:05
hong kong present regulators thoughts expected findings

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Hong Kong Releases Technical Whitepaper on Its CBDC

The first look at the technical realization of the future CBDC

2021-10-4 13:43
technical cbdc look realization future kong whitepaper

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Digital Renminbi Tests to Kick Off in Hong Kong Next Year

Hong Kong’s Financial Secretary spoke emphatically of the need for digital transformation and confirmed that the region will conduct technical tests using the CBDC next year. The post Digital Renminbi Tests to Kick Off in Hong Kong Next Year appeared first on BeInCrypto.

2021-6-28 09:46
year digital hong kong tests kick off

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Hong Kong to Connect Digital Yuan With Domestic Payments System in Cross-Border Trials

Financial authorities in Hong Kong have announced a second phase of trials for mainland China’s digital currency. As part of the upcoming tests, the city will link the Chinese digital yuan to its domestic payments system to evaluate the CBDC’s usability in cross-border scenarios.

2021-6-9 16:30	Wallets
digital cross-border trials hong system yuan kong

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Hong Kong Includes CBDCs in 5-Point Agenda for Fintech Development

The Hong Kong Monetary Authority (HKMA) is pursuing a comprehensive fintech revamp for the city and its plans include central bank digital currencies (CBDC). However, easier access to crypto assets does not seem to be a part of the HKMA’s fintech agenda.

2021-6-9 21:00	Hong Kong
fintech hkma agenda hong kong easier access

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Hong Kong Monetary Authority Announces Development Plans for Retail and Wholesale CBDCs

The Hong Kong Monetary Authority (HKMA) announced it is working on developments for a central bank digital currency (CBDC) at both the wholesale and retail levels. The post Hong Kong Monetary Authority Announces Development Plans for Retail and Wholesale CBDCs appeared first on BeInCrypto.

2021-6-8 16:35
retail hong wholesale kong monetary authority cbdcs

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HKMA Ready to Expand Cross-Border Digital Yuan Test After Successful Pilot

The Hong Kong Monetary Authority (HKMA) and the Digital Currency Institute of the People’s Bank of China (PBOC), are looking to expand the testing of China’s central bank digital currency (CBDC) for cross-border payments.

2021-5-14 00:30	PBoC
digital bank hkma china currency cross-border expand

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Hong Kong takes the next step in testing digital yuan for international use

While the world has been obsessing over DeFi, NFTs, and the surging crypto prices, China kept quietly testing its CBDC, the so-called digital yuan. In fact, it started moving forward with the testing quite quickly, and it recently started conducting tests regarding cross-border payments.

2021-5-14 14:01	Cryptocurrency
testing yuan started digital quietly moving cbdc

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China’s Central Bank Runs a Cross-Border Trial of Digital Yuan

According to the state-run Shenzhen Special Zone Daily newspaper, the People's Bank of China is now ready to run a trial of its digital yuan through cross-border payments. China’s central bank is running a one-day pilot program under which selected Hong Kong residents can use the central bank digital currency (CBDC) as a payment method […] The post China’s Central Bank Runs a Cross-Border Trial of Digital Yuan first appeared on BitcoinExchangeGuide.

2021-4-6 19:41	CBDC
bank china digital central yuan cross-border trial

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China and UAE Central Banks Join “Multiple CBDC Bridge Study” To Enhance Cross-Border Payments

The Central Bank of the United Arab Emirates (CBUAE) and the Digital Currency Institute of the People’s Bank of China (PBC DCI) have joined Hong Kong Monetary (HKMA) in partnership with the Bank of Thailand (BOT) in the second phase of the Project Inthanon-LionRock.

2021-2-25 15:06	U.A.E.
bank china central kong inthanon-lionrock hong joined

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China and Hong Kong Prepare for Cross-border Digital Yuan Testing

China’s central bank and the Hong Kong Monetary Authority (HKMA) are gearing up to conduct a pilot test of the e-yuan central bank digital currency (CBDC) system. The move further broadens the scope of the digital currency electronic payment (DCEP) with plans to introduce the currency in Macau as well.

2020-12-7 18:00	Hong Kong
currency digital china central bank hong kong

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ConsenSys to Lead Phase Two of Hong Kong and Thailand’s Cross-Border CBDC Project

ConsenSys has been awarded the contract to lead phase two of the cross-border payments ‘CBDC’ project between Hong Kong and Thailand. Dubbed project ‘Inthanon-LionRock,’ the initiative follows successful research by the central banks of both jurisdictions, which found an additional value case in building a cross-border CBDC.

2020-9-30 23:31	CBDC
cross-border cbdc project lead consensys two phase

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Hong Kong Monetary Authority wants ConsenSys to develop technology for CBDC

Blockchain tech company ConsenSys announced that it would work on the second phase of ‘Project Inthanon-LionRock,’ which will allow the firm to design a proof-of-concept for CBDCs. This project waThe post Hong Kong Monetary Authority wants ConsenSys to develop technology for CBDC appeared first on AMBCrypto.

2020-9-26 19:30	Trading View
consensys cbdc hong project technology monetary authority

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ConsenSys to Work on PoC for CBDC with Hong Kong Monetary Authority

ConsenSys has shared on Sept. 25, that it was awarded a cross-border payment network study project by the Hong Kong Monetary Authority (HKMA). The project involves the development of a technology for a central bank digital currency (CBDC) cross-border payment network, which actually serves as the second implementation phase of the Project Inthanon-LionRock.

2020-9-25 18:24	transactions
project authority cross-border monetary network kong consensys

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Hong Kong Reportedly Picks ConsenSys for Digital Currency Pilot Project

The Ethereum venture studio said it will work on implementing Hong Kong and Thailand's cross-border CBDC.

2020-9-26 18:01	CoinFlash
kong hong work said implementing cbdc cross-border

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Bank of Thailand Extends Testing Of Digital Baht; Integration With Hong Kong Later In 2020

Thailand is currently in its third developmental phase of building its central bank digital currency (CBDC), a local newspaper, and Nation Thailand reported on Thursday. The paper stated that the Assistant Governor of the Bank of Thailand, Vachira Arromdee, who said the bank is already rolling out its CBDC to large companies. The Bank of […]

2020-7-17 17:21	CBDC
bank thailand cbdc digital assistant governor vachira

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Blockchain Bites: Twitter Hack Fallout, A New Way to ‘Yield Farm’ and a Hurricane-Proof CBDC

What the Twitter hack means for Bitcoin, why stablecoins are on the rise in Hong Kong and a new way to farm yield using NFTs on Ethereum.

2020-7-17 19:55
yield farm way new hack twitter rise

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Global Compatibility Is A Key Factor In The CBDC Race, Says Expert

CBDCs will have to be internationally interoperable to become globally adopted, says a Hong Kong University expert.

2020-7-8 23:15
says 240px cbdcs internationally hong kong university

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China Could Move From Digital Yuan to Regional Stablecoin with Hong Kong as the Epicenter

China’s interest in blockchain and state-issued cryptocurrencies is hitting new highs each week. The country has already earmarked a blockchain zone, piloted its CBDC project, and put friendly energy regulations in place for miners.

2020-5-23 19:00	StableCoin
blockchain china earmarked each week country zone

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Hong Kong and Thailand Pilot DLT-Based Project for Cross-Border Payments

Hong Kong and Thailand’s central banks have piloted a Corda-based CBDC project for cross-border payments

2020-1-22 16:39
hong cross-border payments project kong thailand piloted

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AMINA Bank secures Hong Kong license to offer crypto services to institutions

Switzerland’s AMINA Bank AG has received the regulatory clearance to offer crypto trading and custodial services to institutional clients across Hong Kong. Hong Kong is one of the most tightly regulated yet forward-looking crypto markets in Asia, and AMINA has…

HKMA completes e-HKD pilot phase 2, plans rollout

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Hong Kong SFC rolls out new custody standards for crypto platforms

Hong Kong SFC authority has unveiled new guidelines for how licensed crypto platforms handle customer funds, warning that recent failures overseas show the risks of weak custody controls. A new circular issued on August 15 by the Hong Kong SFC…

Bank of China Hong Kong advances e-HKD trials with live blockchain test

Bank of China Hong Kong is moving forward with its central bank digital currency (CBDC) project and has completed another phase of testing the digital Hong Kong dollar. According to local media on August 5, the Bank of China Hong…

2022-10-22 21:45

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