🚀 Exciting News in Crypto! 🚀

The Hong Kong Monetary Authority (HKMA) has teamed up with the Bank of Thailand and Banco Central do Brasil to push forward cross-border tokenization projects! 🌍

Key Points:

- Focus on trade finance, carbon credits, and more.

- Proof-of-concept to explore new distributed ledger tech.

- HKMA links its Ensemble Sandbox with Thailand’s Project San and Brazil’s Drex pilot platform.

Howard Lee, HKMA's deputy chief, emphasizes the shared vision for financial tech integration.

What do you think about this collaboration? Share your thoughts in the comments! 💬

Read more: Hong Kong’s SFC set to approve new crypto licenses by year-end.