The Hong Kong Monetary Authority collaborates with the central banks of Brazil and Thailand to promote cross-border tokenized transactions

2024-10-30 17:51:47

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ChainCatcher news, the Hong Kong Monetary Authority (HKMA) announced a collaboration with the central banks of Brazil and Thailand to conduct cross-border tokenized transactions, including atomic settlement (DvP) for digital asset trading and wholesale CBDC (PvP).

In addition, the Hong Kong Monetary Authority plans to provide a subsidy of up to HKD 2.5 million for digital bond issuance to promote Hong Kong as a tokenized venue.

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