By CCN: In an attempt to spur collaboration between both regulatory bodies in Fintech and intriguingly a central bank digital currency, the Hong Kong Monetary Authority (HKMA) and the Bank of Thailand (BOT) have signed a Memorandum of Understanding (MOU). The MOU, which was signed in Basel on Monday enables both regulators to work together on joint innovation projects, as well as share information, experience and referrals regarding disruptive Fintech businesses. Central Bank Digital Currency One key area of collaboration which both parties look forward to working on is a joint project on the issuance of Central Bank Digital Currency
The post Hong Kong, Thailand Central Banks Partner up on Digital Currency Initiative appeared first on CCN
* First published on ccn.com