WebProject Lionrock Inthanon - the previous phase of HKMA's CBDC project - introduced a board rate mechanism to Introduction convert HKD and THB. The board rate approach, though useful in its design, can be improved by expanding the FX mechanism with: • Products (spot and derivatives); and • Quoting mechanisms, especially after adding two WebThe Hong Kong Monetary Authority (HKMA) and the Bank of Thailand published the results in a research report of the Project Inthanon-LionRock, by the two central banks on the application of distributed ledger technology and central bank digital currencies (CBDCs) on cross-border payments. In May 2024, the two authorities signed a Memorandum of …
Central Bank Digital Currency (CBDC) - Hong Kong Monetary …
WebSep 26, 2024 · With the right blockchain-based CBDC architecture to lean on for the project Inthanon LionRock, Charles d’Haussy, Director of Hong Kong at ConsenSys has stated his enthusiasm for taking on the project. The roles of the other two partners, PWC and Forms HK, were not clearly disclosed at press time. Image source: Shutterstock johnson county ks beacon
Project Inthanon-LionRock - Hong Kong Monetary Authority
WebMar 25, 2024 · The mCBDC project builds on the experience of Inthanon-LionRock, a project first initiated by the Hong Kong Monetary Authority and the Bank of Thailand. WebSep 28, 2024 · Project Inthanon-Lionrock Phase 2, jointly conducted by the BOT and the Hong Kong Monetary Authority, has successfully demonstrated the viability of a … WebSep 25, 2024 · Inthanon-LionRock's third phase wrapped in December 2024 with the development of a workable CBDC prototype. Project leads determined CBDC could … how to get yellow out of clothing