Overview

The Hong Kong Monetary Authority (HKMA) announced the commencement of the e-HKD Pilot Programme in May 2023, in this seminar, participants will delve into the dynamic landscape of digital currencies, focusing specifically on eHKD (electronic Hong Kong Dollar) and stablecoins. The session will provide a comprehensive overview of the regulatory framework surrounding these innovative financial instruments, exploring how authorities are adapting to the evolving nature of digital assets. Participants will gain insights into the unique challenges and opportunities posed by eHKD and stablecoins within the global financial ecosystem. Moreover, the discussion will illuminate the diverse use cases for these digital currencies, ranging from cross-border transactions to decentralised finance (DeFi) applications.

By the end of the session, attendees will be well-equipped with a nuanced understanding of the regulatory environment and the multifaceted applications of eHKD and stablecoins in today's rapidly evolving financial landscape.

Content

1. General overview of CBDC, eCNY, eHKD and stablecoins
2. HKMA's policy stance on eHKD and its next steps
3. eHKD Pilot Programme with 16 use cases
4. HKMA to-be new licensing requirements and regulations on stablecoins
5. HKD stablecoin: opportunities and challenges

Who should attend

The seminar primarily targets at all licensed individuals, senior executives and MICs of licensed corporations, virtual asset service providers, professional services firms and the practitioners who are in the banking sector and financial industry.