Banque de France, Hong Kong Monetary Authority explore CBDC, tokenization

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Banque de France, Hong Kong Monetary Authority explore CBDC, tokenization
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The Banque de France and the Hong Kong Monetary Authority sign an MoU to collaborate on wholesale central bank digital currency (CBDC) and tokenization projects.

The Banque de France and the Hong Kong Monetary Authority have signed a Memorandum of Understanding on bilateral collaboration on wholesale central bank digital currency and tokenization. This work is in addition to the numerous larger projects the countries participate in together.Issuing digital euro, or ‘Cash+,’ is probably a duty, French central banker saysin March to study asset tokenization and create a CBDC to support it.

“The HKMA’s recent announcement for the launch of Project Ensemble was very timely to initiate this cooperation. We look forward to further testing our DL3S platform in this context.” The HKMA and BDF are members together of other projects. The HKMA joined the European Central Bank’s second wave of participants in its distributed ledger technology testing the same week as the MoU was announced. Those tests involve interoperability among blockchain modules for settlements of tokenized government bonds.Hamster Kombat destined for Guinness World Record?

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