š Hong Kong's central bank is rolling out the red carpet for banks to embrace distributed ledger technology (DLT) with its new "Supervisory Incubator." This initiative is like a tech-savvy fairy godmother, helping banks safely integrate DLT and focus on tokenized deposits.
- Banks get a dedicated team for feedback on live trialsāthink of it as a DLT dress rehearsal.
- Industry-wide development is on the agenda, with best practices and research shared like hot gossip at a tea party.
With DLT, banks might soon juggle tokenized assets like pros, offering snazzy new financial products.