Hong Kong: Hong Kong-Thailand declaration on cross-border tokenisation
Progress
Current status
adopted
28 Oct 2024 adopted
Scope
Implementers
Hong Kong
Thailand
Policy Area
Design and testing standards
Policy Instrument
Interoperability requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
infrastructure provider: cloud computing, storage and databases
Government Branch
executive
Government Body
central bank
Implementation Level
bi- or plurilateral agreement
Timeline of events
Adopted Hong Kong-Thailand declaration on cross-border tokenisation
On 28 October 2024, the Hong Kong Monetary Authority (HKMA) and the Bank of Thailand (BOT) announced their collaboration on exploring cross-border tokenisation use cases, including Payment versus Payment (PvP) and Delivery versus Payment (DvP) scena…
Event type
declaration
Action type
adoption
Government branch
executive
Government body
central bank