Hong Kong Monetary Authority

Stories

Hong Kong opens round-the-clock settlement for tokenised deposits

Operator of Project Ensemble and Ensemble TX

Hong Kong's interbank settlement used to stop when the banking day ended. On November 2, the Hong Kong Monetary Authority said its Project Ensemble pilot can now clear tokenised deposit transfers between banks around the clock, using tokenised central bank money as the settlement asset.

Updated 3 days ago

Know Your Agent: banks and fraud vendors move to identify AI agents

New Capabilities

Opened a discussion on agent identity credentials on November 2, 2026

An AI agent that logs in with a customer's password looks exactly like that customer to a bank's systems. JPMorgan Chase, Charles Schwab, Citigroup and Wells Fargo spent October blocking such agents from consumer accounts, or writing terms that make the customer responsible for whatever an agent does.

Updated 4 days ago