Hong Kong Presents Digital Currency Prototype, Project Aurum – Finance Bitcoin News
Financial authorities in Hong Kong have unveiled a prototype of the territory’s own central bank digital currency called Project Aurum.
Source: bitcoin.com
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Hong Kong unveils completed retail CBDC project that has a CBDC-backed stablecoin
The Hong Kong Monetary Authority has created a prototype retail CBDC that has b customized to its specific circumstances.
Source: cointelegraph.com
Hong Kong CBDC Project Looks To Commercialize For Cross-border Payments
Hong Kong CBDC project looks to commercialize for cross-border payments Eddie Yue, CEO of Hong Kong Monetary Authority lays out the future of the territory’s digital currency at a Hong Kong Academy of Finance event. Hong Kong’s multiple central bank digital currency (m-CBDC) project is “going on very smoothly” and the aim is to commercialize the prototype developed and enhance cross-border payments, said Eddie Yue, chief executive of Hong Kong Monetary Authority (HKMA). Yue was speaking together with Agustín Carstens, general manager of the Bank for International Settlements (BIS) at...
Source: forkast.news