#e-hkd

HKEX and HKMA launched an e-HKD pilot for after-hours margin payments. The project tests a wholesale central bank digital currency in live markets. Clearing participants can transfer margin funds outside regular banking hours. The Hong Kong Monetary Fund and the Hong Kong Stock Exchange and Clearing launched a collaborative trial project of a new digital […] The post Hong Kong Tests e-HKD for After-Hours Derivatives Margin Payments appeared first on Live Bitcoin News.

Hong Kong’s HKEX and HKMA launched a pilot using e-HKD for after-hours derivatives margin payments, testing wholesale CBDC in live market infrastructure.

Hong Kong’s market operator and central bank have begun testing a wholesale central bank digital currency for derivatives trading, expanding the use of digital money within the city’s financial infrastructure. A joint announcement from Hong Kong Exchanges and Clearing (HKEX)…