Hong Kong Monetary Authority (HKMA) partners with Bank of Thailand (BOT) on cross-border tokenisation initiatives.

Hong Kong Monetary Authority (HKMA) partners with Bank of Thailand (BOT) on cross-border tokenisation initiatives.

Hong Kong Monetary Authority (HKMA) partners with Bank of Thailand (BOT) on cross-border tokenisation initiatives.

The HKMA announced its collaboration with BOT to explore cross-border tokenisation use cases under Project Ensemble and Project San. The two institutions began their fintech collaboration in 2019, will explore Payment versus Payment (PvP) and Delivery versus Payment (DvP) tokenisation use cases, including trade payments and carbon credits.

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