Edmond Lau (right), senior executive director of Hong Kong Monetary Authority and Mathee Supapongse, deputy governor of the Bank of Thailand, release a joint research report on the application of the central bank digital currencies in cross-border payments, on Wednesday. Photo: SCMP Edmond Lau (right), senior executive director of Hong Kong Monetary Authority and Mathee Supapongse, deputy governor of the Bank of Thailand, release a joint research report on the application of the central bank digital currencies in cross-border payments, on Wednesday. Photo: SCMP
Edmond Lau (right), senior executive director of Hong Kong Monetary Authority and Mathee Supapongse, deputy governor of the Bank of Thailand, release a joint research report on the application of the central bank digital currencies in cross-border payments, on Wednesday. Photo: SCMP
Business /  Banking & Finance

Hong Kong and Thai central bank set to test digital currencies in real-world setting after successfully completing first phase

  • Hong Kong Monetary Authority and Bank of Thailand launched Project LionRock-Inthanon to study a blockchain-backed cross-border payment platform in November
  • HKMA wants to expand the blockchain network to include more currencies and involve more central banks in the project.

Topic |   Digital currencies
Georgina Lee
Georgina Lee

Updated: 9:00am, 23 Jan, 2020

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Edmond Lau (right), senior executive director of Hong Kong Monetary Authority and Mathee Supapongse, deputy governor of the Bank of Thailand, release a joint research report on the application of the central bank digital currencies in cross-border payments, on Wednesday. Photo: SCMP Edmond Lau (right), senior executive director of Hong Kong Monetary Authority and Mathee Supapongse, deputy governor of the Bank of Thailand, release a joint research report on the application of the central bank digital currencies in cross-border payments, on Wednesday. Photo: SCMP
Edmond Lau (right), senior executive director of Hong Kong Monetary Authority and Mathee Supapongse, deputy governor of the Bank of Thailand, release a joint research report on the application of the central bank digital currencies in cross-border payments, on Wednesday. Photo: SCMP
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