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Hong Kong Announces Supervisory Incubator to Help Banks Safely Test Blockchain Technology

Hong Kong Announces Supervisory Incubator to Help Banks Safely Test Blockchain Technology

The Hong Kong Monetary Authority (HKMA) has established a ‘Supervisory Incubator’ that will help banks develop and test the use cases of the distributed ledger technology (DLT). The initiative was announced on Wednesday, during the FiNETech4 event organised by the HKMA. The emergence of Web3 and its potential offerings to the global financial services was among the subjects of discussions …

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