Hong Kong Monetary Authority: It is expected that the pilot scope of the digital yuan will be further expanded in Hong Kong

Sina Financial News Hong Kong Monetary Authority Vice President Li Dazhi said on March 27 that the Hong Kong Monetary Authority has been working with the People's Bank of China Digital Currency Research Institute to promote the cross-border pilot test of digital yuan in Hong Kong, following the completion of drills with a number of operating institutions and local banks in Hong Kong at the beginning of this year, it is expected that the digital yuan will further expand the pilot scope in Hong Kong. Mr Lee said that more Hong Kong citizens will be able to easily open and use e-RMB wallets and top up their e-RMB wallets through the Faster Payment System (FPS) to facilitate the payment needs of Hong Kong residents living or spending in the Mainland, while mainland tourists can also use e-RMB wallets to spend in Hong Kong, providing payment facilities for the "one-hour living circle" in the Guangdong-Hong Kong-Macao Greater Bay Area.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)