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Project Ensemble: Hong Kong Embraces Asset Tokenisation With New Sandbox

The Fintech Times

Looking to harness this potential, the Hong Kong Monetary Authority (HKMA) launched ‘Project Ensemble’ in March earlier this year, a wholesale central bank digital currency (wCBDC) project, to support the development of the tokenisation market in the region.

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Banque De France Has Finished CBDC Trial

PYMNTS

Banque de France has successfully conducted its own central bank digital currency (CBDC) trial, with a blockchain platform for interbank settlement, CoinDesk reported. A statement from the bank said the pilot involved a settlement on a private blockchain, which U.K. million), per CoinDesk.

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Today In Digital-First Banking: Banque de France Completes CBDC Pilot; New PPP Extends $5 Billion In Loans In First Week

PYMNTS

In today’s top news in digital-first banking, Banque de France has completed its central bank digital currency (CBDC) test, while roughly 60,000 loans were distributed during the first week of the reopened Paycheck Protection Program (PPP). Banque De France Has Finished CBDC Trial.

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Hong Kong Monetary Authority Launches Wholesale CBDC Project to Develop Local Tokenisation Market

The Fintech Times

The Hong Kong Monetary Authority (HKMA) has begun ‘Project Ensemble’, a new wholesale central bank digital currency (wCBDC) project, to support the development of the tokenisation market in Hong Kong.

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A Closer Look At Ripple’s Money-Saving Claims

PYMNTS

Blockchain proponents say the disruptive technology is worth the onboarding process. We break down the company’s argument as presented in “ The Cost-Cutting Case for Banks: The ROI of Using Ripple and XRP for Global Interbank Settlements.” ” A Bit Of Background.

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Finovate Debuts: Ledger’s Blue Smartcard Mitigates Phishing & Malware Attacks

Fintech Labs Insights

To navigate this issue, Ledger has designed hardware to help users preserve ownership of their digital blockchain assets. The company began as the House of Bitcoin , a physical retail location in Paris where people exchange digital currency in person, learn about bitcoin, and share ideas with other startups ( see below ).

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Fintech in Singapore: 2023 in Review

Fintech News

Efforts were also made to advance digital assets, tokenization and central bank digital currency (CBDC) experimentation with initiatives such as Project Guardian and Project Orchid expanding to include more use cases and moving towards “live” pilots. 136), regtech (119) and investments and wealthtech (82).

FinTech 101