China Expands Digital Yuan Pilot: Hong Kong Residents Can Now Set up E-CNY Wallets Locally

Publikováno: 17.5.2024

#News Bytes #CBDC #central bank digital currency #Crypto #crypto assets #Cryptocurrency #Digital Assets #Digital Yuan #e-CNY #HKMA #Hong Kong #News Bytes - 2 #PBOC

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The Hong Kong Monetary Authority (HKMA) and the People’s Bank of China (PBOC) have advanced the digital yuan (e-CNY) pilot for payments, aiming to increase e-CNY wallet usage in Hong Kong. Residents can now set up and top up wallets via the Faster Payment System (FPS), marking the first global linkage of a faster payment […]