HKMA signs MoUs with five local universities to foster collaboration on CBDC research

The Hong Kong Monetary Authority (HKMA) today (20 October) established the Central Bank Digital Currency (CBDC) Expert Group and signed Memorandums of Understanding (MoUs) with five local universities whose faculty members are participants of the group.

The CBDC Expert Group brings together experts from a range of disciplines, including business, computer science, economics, finance, and law, which are relevant to the HKMA’s research work on CBDC. Through the establishment of the CBDC Expert Group, the HKMA seeks to foster collaboration and knowledge exchange on CBDC research with the academia. Under the MoUs, the group will support the HKMA’s exploration of key policy and technical issues surrounding CBDC, and offer advices, training sessions, and workshops pertaining to CBDC and related fintech topics to the HKMA.