![France and Hong Kong Collaborate to Advance Global Tokenization Market With CBDC Initiatives](https://static.news.bitcoin.com/wp-content/uploads/2024/07/france-and-hong-kong-768x432.jpg)
The Banque de France (BDF) and the Hong Kong Monetary Authority (HKMA) have announced a collaboration on wholesale central bank digital currency (wCBDC). This partnership includes the HKMA’s involvement in Wave 2 of the European Central Bank’s Eurosystem exploratory work. The institutions signed a Memorandum of Understanding (MoU) to innovate in wCBDC and tokenization markets, […]