Hong Kong Monetary Authority joins hands with central banks of Brazil and Thailand to promote cross-border tokenized transactions

CoinVoice has recently learned that the Hong Kong Monetary Authority (HKMA) announced that it will cooperate with the central banks of Brazil and Thailand to carry out cross-border tokenized transactions, including atomic settlement (DvP) of digital asset transactions and wholesale CBDC (PvP).

In addition, the Hong Kong Monetary Authority plans to provide subsidies of up to HK$2.5 million for digital bond issuance to promote Hong Kong as a tokenization venue. [Original link]