The Hong Kong Monetary Authority launch Project Ensemble in March and now has at least three countries participating.
The Hong Kong Monetary Authority (HKMA) has been networking its tokenization-focused Project Ensemble and has new collaborations to show for it.
Project Ensemble is being linked with the Central Bank of Brazil’s (CBB) Drex pilot project and the Bank of Thailand’s (BOT) Project San.
The CBB announced the second phase of its Drex central bank digital currency (CBDC) pilot program in September and began accepting applications for it in mid-October. Tokenization is on the agenda for further Drex testing.
