HSBC Participates in Hong Kong’s Electronic Hong Kong Dollar Pilot by Creating Tokenized Hong Kong Dollar Cash via Polygon PoS

TradFi giant HSBC is participating in Hong Kong's electronic Hong Kong dollar pilot by creating tokenized Hong Kong dollar cash deposits on Polygon PoS.

They are also developing HSBC Pass, a decentralized identity solution, which won the Red Dot Award in 2024.

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HSBC Participates in Hong Kong’s Electronic Hong Kong Dollar Pilot by Creating Tokenized Hong Kong Dollar Cash via Polygon PoS

All Comments

Recommended for you

CryptoQuant: The number of active Bitcoin wallets has fallen to its lowest point in the past year.

DBS Bank received another 3,000 ETH from GSR, worth approximately $8.48 million.

Goldman Sachs: Expects the Bank of England to cut interest rates by 25 basis points in March, June, and September 2026 respectively.

Hassett: Lowering interest rates is appropriate at this time.

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The Bank of England cut interest rates by 25 basis points as expected.

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Binance Alpha will list TradeTide (TTD) on December 20th.

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Binance Alpha has listed VOOI

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