HKMA | Crypto

The Hong Kong Monetary Authority (HKMA), with analytical support from Deloitte, has released its e-HKD Pilot Programme Phase 2 Report, offering a look into how central bank digital currencies (CBDCs) and other digital money forms could reshape the city’s financial ecosystem. The post Hong Kong Advances Digital Money Strategy as HKMA’s e-HKD Pilot Programme Enters Phase Two appeared first on Cryptonews.

The HKMA has received 77 expressions of interest for stablecoin licences from banking, tech, and Web3 sectors. Meetings with applicants have begun, but only a limited number of licences will be issued initially, depending on compliance with strict regulatory requirements. The post HKMA’s Stablecoin Regime Attracts 77 Inquiries – Limited Early Licenses Raise Stakes appeared first on Cryptonews.