---
title: "HKMA announces round-the-clock interbank settlement in tokenized central bank money — DecisionGateway"
description: "The HKMA now allows banks in its tokenized deposit pilot to settle interbank payments around the clock, including weekends, instead of only during Hong Kong dol"
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**Decision**/Unclassified

**Adopted**

# **HKMA announces round-the-clock interbank settlement in tokenized central bank money**

The HKMA now allows banks in its tokenized deposit pilot to settle interbank payments around the clock, including weekends, instead of only during Hong Kong dollar real-time gross settlement hours.

## **Source**

> On November 2, the Hong Kong Monetary Authority (HKMA) announced round-the-clock interbank settlement in tokenized central bank money.

*crypto\_showcase\_en · Telegram [ Open post](https://t.me/crypto_showcase_en/3303)*

## **Not established**

- Exact year of the November 2 announcement
- Effective date of the upgrade
- Technical mechanism used for tokenized central bank money settlement

## **Extracted detail**

<dl>

<dt>Decision maker</dt>
<dd>Hong Kong Monetary Authority (HKMA)</dd>

<dt>Topic</dt>
<dd>tokenized central bank money interbank settlement</dd></dl>

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