HKMA invites CBDC business plans from private sector
Banks and tech companies may be invited to work with the central bank on future CBDC research
Hong Kong’s de facto central bank is organising a business competition aimed at promoting research on central bank digital currencies (CBDCs).
Banks, fintech companies and tech firms can submit business plans on topics ranging from retail and wholesale CBDC adoption to offline payments. Shortlisted applicants will pitch their ideas and compete for three awards. Applications are now open until mid-September.
All qualified candidates may also have the opportunity to work with the HKMA on
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