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Home Crypto Bitcoin

Hong Kong Expands Cross-Border Digital Yuan Trial, Allows Residents to Set Up E-CNY Wallets

CoinDeskby CoinDesk
May 17, 2024

The HKMA intends to continue working with the PBOC to expand the application of the e-CNY. The HKMA plans to work with the Digital Currency Institute to explore including features like name verification, enhancing interoperability in payments and corporate use cases, such as cross-border trade settlement.

Read The Original Article on CoinDesk

Tags: Chinadigital yuanHong KongNewsPolicyREGULATIONS

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