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Published 12 days ago

HKMA Spearheads CBDC Interoperability With Ensemble Project Sandbox

Summary by Coingape
The Hong Kong Monetary Authority (HKMA) has taken a proactive step towards fostering interoperability within the central bank digital currency (wCBDC) ecosystem through the establishment of the Ensemble Project Framework Working Group. This initiative, announced on May 7th, aims to collaborate with industry stakeholders to define standards and recommendations vital for the advancement of Hong Kong’s tokenization market. The Working Group will pl…

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