Hong Kong: Hong Kong Monetary Authority Project Ensemble on central bank digital currency
Progress
Current status
under deliberation
07 Mar 2024 under deliberation
Scope
Implementers
Hong Kong
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
central bank
Implementation Level
national
Timeline of events
Announced HKMA Project Ensemble to Support Tokenisation Market
On 7 March 2024, the Hong Kong Monetary Authority (HKMA) announced the commencement of Project Ensemble, a wholesale central bank digital currency (wCBDC) project aimed at supporting the development of the tokenisation market in Hong Kong. The proje…
SourceEvent type
order
Action type
announcement
Government branch
executive
Government body
central bank