CoinScoopHKMA to Explore Settlement for Regulated Stablecoins and Tokenized Deposits
Hong Kong Monetary Authority (HKMA) Chief Executive Eddie Yue (余伟文) announced that the Central Moneymarkets Unit (CMU) will launch a new service by the end of the year to provide 24/7 real-time on-chain settlement. The platform will support e-HKD and CBDCs, with plans to study the inclusion of tokenized deposits and regulated stablecoins for settlement.
Summaries are written by AI from the original article. Not investment advice.