Hong Kong Monetary Authority

81 results about this entity

Period: 21 Aug 2007 - 08 Nov 2024

/crypto

HKMA establishes architecture comunity for digital dollar

The Hong Kong Monetary Authority (HKMA) today (7 May) announced the establishment of the Project Ensemble Architecture Community (the Community) to join hands with the industry to shape standards and provide suggestions to support the development of Hong Kong’s tokenisation market.

/crypto

Hong Kong invites applications for Phase 2 CBDC pilot programme

Hong Kong's central bank is inviting interested parties to submit applications for Phase 2 of its e-HKD CBDC pilot programme.

/crypto

HKMA to pilot CBDC sandbox for tokenised deposits

The Hong Kong Monetary Authority (HKMA) has kicked off a new wholesale central bank digital currency (wCBDC) project to render support to the development of the tokenisation market in the territory.

/regulation

Hong Kong Monetary Authority and Abu Dhabi Global Market ink fintech MoU

The Hong Kong Monetary Authority (HKMA) and the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) jointly announced today (22 November) the exchange of a Memorandum of Understanding (MoU) to deepen the ongoing partnership on fintech between the two authorities, particularly in the areas of cross-border trade-related data exchange and business collaboration, with a view to further promoting inclusive and innovative financial services leveraging fintech and data in both markets.

/crypto

Mastercard simulates e-HKD for multi-token pilot trials

Mastercard has demonstrated how commercial bank rails could drive adoptions of Central Bank Digital Currencies as part of trials of an e-HK CBDC programme.

/crypto

Visa trials tokenised deposits for e-HKD pilot programme

Visa has disclosed the findings of a pilot test of tokenised deposits for B2B payments with HSBC and Hang Seng Bank as part of trials of an e-HK CBDC programme.

/startups

HKMA adds Know Your Customer’s solution to commercial data interchange

Know Your Customer, a leading RegTech provider specialised in Business KYC verification, is delighted to announce the addition of its solution to the Hong Kong Monetary Authority's (HKMA) Commercial Data Interchange (CDI). This collaboration is the latest milestone in the HKMA’s strategy to foster more efficient financial intermediation in the banking system and promote financial inclusion in the region.

/crypto

BIS and Israel and HK central banks examine security, privacy and accessibility in CBDC design

The Bank for International Settlements says a joint experiment conducted with the central banks of Israel and Hong Kong proved the feasibility of a retail central bank digital currency (rCBDC) ecosystem that combines accessibility, competition and preventative cyber security, while retaining key advantages of physical cash.

/crypto

BIS Project Dynamo develops smart contract prototype for SME finance

A new prototype developed as part of Project Dynamo explored how institutional investors can be encouraged to finance small and medium-sized enterprises (SMEs) through the programmability and transferability of digital trade tokens on a public blockchain.

/crypto

Hong Kong to run e-HK CBDC trials with 16 firms

The Hong Kong Monetary Authority has selected 16 firms to participate in trials of an e-HK CBDC pilot programme.

/crypto

Hong Kong to extend regulatory perimeter to stablecoins

The Hong Kong Monetary Authority (HKMA) today (31 January) issued the consultation conclusion to the discussion paper on crypto-assets and stablecoins (the “Consultation Conclusion”), summarising the feedback received in relation to the paper and the HKMA’s response.

/payments

BIS and four central banks hail pilot trials of CBDCs in cross-border FX transactions

The Bank for International Settlements (BIS) and four central banks have completed a successful pilot of the use of central bank digital currencies (CBDCs) by commercial banks for foreign exchange transactions across borders, as part of Project mBridge.