Hong Kong: Bank of Israel, Hong Kong Monetary Authority and Bank for International Settlements Project Sela Experiment
Progress
Current status
concluded
12 Sep 2023 concluded
Scope
Implementers
Hong Kong
Israel
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
DLT development
Government Branch
executive
Government Body
central bank
Implementation Level
bi- or plurilateral agreement
Timeline of events
Published findings on the Bank of Israel, Hong Kong Monetary Authority and Bank for International Settlements Project Sela Experiment
On 12 September, the Bank of Israel announced it jointly conducted an experiment with the Hong Kong Monetary Authority and the Bank for International Settlements (BIS). The main goal of the Project Sela Experiment was to determine whether the retail…
SourceEvent type
inquiry
Action type
closure
Government branch
executive
Government body
central bank