The Hong Kong Monetary Authority (HKMA) announced a new partnership with Banco Central do Brasil (BCB) to advance cross-border tokenization initiatives, joining their respective digital currency infrastructures to conduct experimental transactions under Project Ensemble and Brazil’s Drex pilot program. The HKMA and BCB are exploring cross-border settlement models, focusing on payment-versus-payment (PvP) and delivery-versus-payment (DvP) […]
The post HKMA partners up with Brazilian central bank to test cross-border tokenization appeared first on CryptoSlate.
Originally appeared here:
HKMA partners up with Brazilian central bank to test cross-border tokenization