The Hong Kong Monetary Authority issued a statement to a number of digital banking companies across the border network.

Hong Kong Financial Institutions (HKMA), Central Bank of Thailand (Bank of Thailand), Central Bank of United Arab Emirates (Central Bank of United Arab Emirates) and Korean Financial Institutions The Digital Currency Research Institute of China ( PBOC) announced today that the UAE Central Bank and the People's Bank of China announced that Inthanon-LionRock We announced that we have joined phase 2 of project 1. Inthanon-LionRock project has been established by the Monetary Authority and the Bank of Thailand to investigate the use of central bank funds in cross-border payments. This partnership was supported by the Hong Kong Center as the International Payments Banking Innovation Hub and was renamed “Multi-Central Bank Digital Currency Cross-Border Network” (m-CBDCBridge).