Visa, in collaboration with HSBC and Hang Seng Bank, has successfully completed a pilot test in Hong Kong to study tokenized deposits using central bank digital currencies (CBDCs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Cleveland Federal Reserve President Loretta Mester said that even if the U.S. does not issue a central bank digital currency (CBDC), the Fed’s study of the technology will pay dividends. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Negotiations on a stablecoin regulatory bill last week indicated that the congressional sense of urgency on a U.S. central bank digital currency (CBDC) isn’t very strong. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
There are now more than 10 million users registered for the Hong Kong Monetary Authority’s (HKMA’s) Faster Payment System (FPS), the digital platform that launched in September 2018, according to a South China Morning Post report Tuesday (April 19). Get the Full Story Complete the...
March 07, 2024
Hong Kong’s central bank has launched a wholesale central bank digital currency (wCBDC) project. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing […]
November 02, 2023
Visa, in collaboration with HSBC and Hang Seng Bank, has successfully completed a pilot test in Hong Kong to study tokenized deposits using central bank digital currencies (CBDCs). Get the Full Story Complete...
April 19, 2022
There are now more than 10 million users registered for the Hong Kong Monetary Authority’s (HKMA’s) Faster Payment System (FPS), the digital platform that launched in September 2018, according to...
January 12, 2022
The Hong Kong Monetary Authority (HKMA) is weighing regulations for cryptocurrencies and stablecoins, with plans to launch a framework by July. The latest move would align with recommendations from the...
