$308M crypto laundering scheme busted, Hashkey token, Hong Kong CBDC: Asia Express

by Aurelia Butler 2 November 2023, 23:00 159 Views

According to the November 1 announcement, Visa said that it achieved “near real-time” finality with transfers involving tokenized deposits of the digital Hong Kong dollar (e-HKD).

“Tokenized deposits were burned on the sending bank’s ledger, minted on the receiving bank’s ledger, and simultaneously settled interbank via the simulated wholesale CBDC layer,” the payments firm wrote.

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Source: Cryptocurrency - investing.com

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$308M crypto laundering scheme busted, Hashkey token, Hong Kong CBDC: Asia Express

High school kids are vaping less, FDA and CDC say

Events leading up to FTX founder Sam Bankman-Fried’s conviction

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