🚀 The Central Bank of Hong Kong (HKMA) is working on two CBDC projects called MBridge and e-HKD!

- MBridge, cross-border CBDC project developed by central banks of Hong Kong, China, Thailand and UAE

- Expected to launch in mid-2024, could be an alternative to Swift payment infrastructure

- The project is carried out under the coordination of BIS with the participation of large companies such as Tencent

- HKMA is also working on another CBDC project called e-HKD

- e-HKD can be used in areas such as programmable payments and tokenized assets

- Trials are being carried out with 16 large enterprises, Fubon Bank is working on a real estate tokenization pilot with Ripple