• 09/21/2024

Hong Kong launches world’s first wholesale CBDC pilot as city positions itself at cutting edge of blockchain evolution

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

The Hong Kong Monetary Authority is testing an ecosystem that includes digital forms of deposits, blockchain-based financial products and central bank money for settlement purposes.

https://www.scmp.com/business/banking-finance/article/3254551/hong-kong-launches-worlds-first-wholesale-cbdc-pilot-city-positions-itself-cutting-edge-blockchain?utm_source=rss_feed