🎉Good news! The Banque de France (BDF), the French central bank, and the Hong Kong Monetary Authority (HKMA) announced that they will work together to explore the possibility of wholesale central bank digital currencies (wCBDCs)! 👏

The highlight of this collaboration is that the HKMA will participate in the second wave of exploration of the European Central Bank's Eurosystem. The two institutions have signed a memorandum of understanding to promote innovative developments in the wCBDC and tokenization markets. 🚀

The focus is on the interoperability between the two major infrastructures, BDF's DL3S and the HKMA's Ensemble Sandbox. The goal of this collaboration is to strengthen real-time cross-border and cross-currency payments, optimize settlement efficiency, and promote interoperability between financial market infrastructures. 💪

Both Denis Beau, First Deputy Governor of BDF, and Howard Lee, Deputy Governor of the HKMA, have high hopes for this plan, which they believe has great potential to promote inclusive finance and the development of the global token market. 🌍

Bitcoin enthusiasts, this is news worth looking forward to, let us look forward to the further development of blockchain technology around the world! 🎈