Hong Kong Pushes Banking Towards 24/7 Settlement with Tokenised Money
The Digital Banker
"The Hong Kong Monetary Authority (HKMA) announced that EnsembleTX, the pilot phase of Project Ensemble, had advanced to support round-the-clock settlement of tokenised deposit transactions in tokenised central bank money. The upgrade enables participating banks and financial institutions to settle real-value transactions beyond conventional banking hours, supporting corporate treasury management, global fund allocation and trading in tokenised financial assets."
