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Hong Kong CBDC Pilot Enters Phase 2 With New Firms to Advance Digital Currency Use Cases

Hong Kong CBDC Pilot Enters Phase 2 With New Firms to Advance Digital Currency Use Cases

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Source: Bitcoin.com

Hong Kong CBDC Pilot Enters Phase 2 With New Firms to Advance Digital Currency Use CasesThe Hong Kong Monetary Authority (HKMA) has moved into Phase 2 of its e-HKD pilot program, expanding its exploration into tokenized deposits and e-HKD. With 11 groups of firms selected, the initiative delves into practical applications such as offline payments and asset settlement. The creation of an industry forum aims to solve potential challenges while […]

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Author: Kevin Helms