Hong Kong has expanded its pilot for blockchain-based digital yuan.
Developed under the leadership of the Hong Kong Monetary Authority (HKMA) and the People’s Bank of China (PBOC). e-CNY pilot application has been made more comprehensive.
In the official statement made recently, e-CNY wallets by individual users downloaded and in payments that can be used place was given.
HKMA CEO Eddie Yue In the press release made on Friday by, only via a phone number It was stated that e-CNY, which can be used, will provide a comprehensive range of services, including international payments. With this for payments wallet application that will be a tool for people will not allow them to transfer between each other.
China and Hong Kong, in December 2021 He said that they successfully carried out the first phase of cross-border digital yuan trials and moved to the second phase after the first negotiations a year ago.