đ Hong Kong's digital dollar project, now dubbed Project e-HKD+, is entering its second phase with 21 financial institutions on board. The HKMA is rolling out a sandbox for 11 use cases, including tokenized deposits and offline payments. Think of it as a fintech playground where Visa, ANZ, and Fidelity are testing near-real-time settlements. Even DBS Bank is in on the action with an ESG rewards platform. Plus, the HKMA is launching an e-HKD Industry Forum and a Generative AI sandbox. Looks like Hong Kong is all in on digital innovation! đ
Source: HKMA
