Hong Kong Commences CBDC Pilot; Multiple Fintech Players Onboarded for Trial of e-HKD

Hong Kong Commences CBDC Pilot; Multiple Fintech Players Onboarded for Trial of e-HKD

ByNews Polite

The introduction of central bank digital currency (CBDC) by central banks in different parts of the world has emerged among the top banking tweaks to be recorded as major banking innovations. Hong Kong has now become the latest nation to join the list of countries like India, China, Japan, and…

Hong Kong Commences CBDC Pilot; Multiple Fintech Players Onboarded for Trial of e-HKD

After India and China, Now Hong Kong Accelerates CBDC Work With a Special Twist: Here’s What We Know

ByNews Polite

After India and China, that have led the CBDC revolution in Asia, Hong Kong is accelerating its efforts to introduce a national digital currency in their existing financial system. The administration of Hong Kong is currently working on the roadmap to introduce the e-HKD CBDC to its estimated population of…