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The HKMA and Cyberport have begun accepting applications for the Generative Artificial Intelligence (Gen AI) Sandbox, initially announced in August 2024.
artificial intelligence, partnership, digital assets, cryptocurrency
The Hong Kong Monetary Authority (HKMA) has launched the Project Ensemble sandbox, focused on exploring real-world asset tokenisation and interbank settlement using wCBDC.
digital currency, wholesale CBDC, CBDC, banks, tokenization
HKMA, along with the Hong Kong Police and the HKAB, have expanded the Suspicious Account Alert coverage for Internet banking and physical transactions.
fraud management, fraud detection, fraud prevention, anti-fraud initiatives, payment fraud