The Hong Kong Monetary Authority (HKMA) has partnered with government department InvestHK to add Central Bank Digital Currency (CBDC) to Hong Kong’s Global Fast Track 2022. The initiative targets international fintechs with customers elsewhere to promote their solutions to corporates and partners in Hong Kong and mainland China. Applications are open until mid-September.
A broad range of CBDC solutions are relevant, including wholesale CBDC, retail CBDC, programmable money, interoperability, forex and liquidity management, and more.
The initiative involves a competitive pitching competition and the potential to work with the central bank on projects. There is a separate digital assets track as well.
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
