The Hong Kong Monetary Authority launches a DLT regulatory incubator to help banks explore the potential of distributed ledger technology! 🎉

The incubator provides a one-stop regulatory platform, allowing banks to confirm whether risk management measures are in place before launching DLT projects. Tokenized deposits have become the focus, and the incubator will assist banks in effectively managing risks when combining DLT with traditional banking infrastructure.

What changes do you think DLT can bring to the banking industry? Feel free to share your thoughts in the comments!