Hong Kong eyes tokenization; Bolivia offers stablecoin custody

Quick Summary:

Hong Kong will integrate its tokenization platform with Brazil’s DREX CBDC network and Thailand’s Project San, which establishes a tokenization framework.

The post Hong Kong eyes tokenization; Bolivia offers stablecoin custody appeared first on CoinGeek.

This week, the HKMA announced that it had partnered with Banco Central do Brasil (BCB) to conduct cross-border tokenization experiments.

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Article Details

Author / Journalist: Steve Kaaru

Category: Crypto

Markets: CanadaBoliviaBrazilChinaHong KongThailandUgandaUnited Arab Emirates

Topics: Hong Kong Monetary Authority Banco Central do Brasil DREX Tokenization Roberto Campos Neto Stablecoins USDT Eddie Yue Bank of Thailand Finance

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-06 @ 04:00:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 955 words

Reading Time: 6 minutes read

Sentences: 38 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 23442267

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