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From Payments to Capital Markets: Hong Kong Tests CBDC for Derivatives Trading

From Payments to Capital
Markets: Hong Kong Tests CBDC
for Derivatives Trading
Hong Kong is taking another step towards integrating central bank digital currencies into
mainstream financial markets, with the Hong Kong Monetary Authority (HKMA) and Hong
Kong Exchanges and Clearing (HKEX) launching a pilot project to explore the use of
wholesale CBDC for derivatives margin payments.

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