Banque de France, Hong Kong Monetary Authority explore CBDC, tokenization

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Coin Coin Headlines News

The Banque de France and the Hong Kong Monetary Authority sign an MoU to collaborate on wholesale central bank digital currency (CBDC) and tokenization projects.

The Banque de France and the Hong Kong Monetary Authority have signed a Memorandum of Understanding on bilateral collaboration on wholesale central bank digital currency and tokenization. This work is in addition to the numerous larger projects the countries participate in together.Issuing digital euro, or ‘Cash+,’ is probably a duty, French central banker saysin March to study asset tokenization and create a CBDC to support it.

“The HKMA’s recent announcement for the launch of Project Ensemble was very timely to initiate this cooperation. We look forward to further testing our DL3S platform in this context.” The HKMA and BDF are members together of other projects. The HKMA joined the European Central Bank’s second wave of participants in its distributed ledger technology testing the same week as the MoU was announced. Those tests involve interoperability among blockchain modules for settlements of tokenized government bonds.Hamster Kombat destined for Guinness World Record?

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Country Garden gets trading resumption guidance from Hong Kong exchangeCountry Garden gets trading resumption guidance from Hong Kong exchange
Source: Investingcom - 🏆 450. / 53 Read more »