Tag: Hong Kong
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Hong Kong Launches Revolutionary Tokenized Deposits Platform: Bridge Between Traditional Banking and Blockchain Infrastructure
The Hong Kong Monetary Authority (HKMA) has unveiled EnsembleTX, a groundbreaking pilot platform representing the world’s first infrastructure enabling real interbank transactions utilizing tokenized bank deposits. This initiative, part of the broader Project Ensemble, represents a transformative step toward integrating blockchain technology into traditional financial systems while maintaining regulatory oversight and institutional safeguards. The platform aims to fundamentally restructure banking…