HONG KONG -- The Hong Kong financial sector has embarked on an ambitious project to streamline transactions of traditional assets through the use of digital tokens.
Move toward blockchain assets reflects China's de-dollarization ambitions

Eddie Yue, chief executive of the Hong Kong Monetary Authority, speaks during the Aug. 28 launch of Project Ensemble Sandbox. (HKMA)
HONG KONG -- The Hong Kong financial sector has embarked on an ambitious project to streamline transactions of traditional assets through the use of digital tokens.