2 sourcesTracking since 18 Sept, 09:27
Hong Kong plans 24/7 CBDC settlement for tokenized deposits by year end
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First seen18 Sept, 09:27Hong Kong plans 24/7 CBDC settlement for tokenized deposits by year end
Hong Kong has set plans to bring 24/7 central bank digital currency settlement to its tokenized deposit market by around the end of 2026, while preparing real value CBDC transactions for after hours derivatives trading and tests involving more than…
Crypto.news•Rony Roy
Latest18 Sept, 12:30Hong Kong to Launch 24/7 CBDC Settlement by End-2026
Hong Kong is expected to roll out the wholesale CBDC settlement after banking hours by 2026. This plan will utilize the EnsembleTX, which will be used to facilitate continuous settlement for tokenized deposits. EnsembleTX makes up the pilot stage for Project Ensemble, which is the tokenization project for Hong Kong.
TheNewsCrypto•Lakshya Baskar