Hong Kong to Start Testing Digital Currency in Coming Months – Finance Bitcoin News

  • 📰 BTCTN
  • ⏱ Reading Time:
  • 65 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 51%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Hong Kong Monetary Authority prepares for testing eHKD coin.

China’s special administrative region of Hong Kong is going to trial а digital version of its dollar as early as this year, in preparation for eventual roll-out. The territory is trying to catch up with those that are already launching central bank digital currencies, including the People’s Republic with its digital yuan project.Hong Kong intends to begin testing a currency called the e-HKD, a digital incarnation of the Hong Kong dollar, in the remaining months of the year.

The pilot phase comes after consultations conducted to gather feedback on potential demand, privacy aspects, and other issues that may arise around the issuance of a central bank digital currency . Howard Lee, deputy chief executive of the HKMA, which performs the role of a central bank, elaborated: Although there might not be an imminent use case for e-HKD, taking into account the findings of our study and the feedback from market consultation and international development, the HKMA will start paving the way for e-HKD implementation and will proceed toward a launch of e-HKD in the future.

The high-ranking official also noted that many jurisdictions are already exploring the launch of CBDCs. Participants in the consultations held by the banking authority expressed their concerns that Hong Kong is lagging behind and needs to catch up with the international trend. The trials will involve selected banks, payment providers, and tech firms. These entities will examine the usage of the digital currency among their employees and a small number of clients, Lee detailed. “The purpose of introducing the e-HKD is to provide more choice for the customer,” the deputy CEO added. He also emphasized that the move will not affect Hong Kong’s three note-issuing banks.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

Have you been scammed in forex/bitcoin trading before, or you are finding it difficult to start, here is a perfect and most reliable platform for you to trade, 100% profit and save trade guarantees.... Get through with trader_rose_ you can thank me later👌

electronic fiat money is still fiat money scam sheep

🚀 50k-bnb!! WWW.CZTAKE[.]INFO

👏It's live now airdrop on!! WWW.CZTAKE[.]INFO

huh that's a weird way to spell spyware

Nice! I have been copying signals from ChiefraFba and have a 92% win rate

I like this trend.

I made some much from cryptocurrency digital However DM

Finally

Cbdc = surveillance coin in case anyone forgot ..

Do not fear Bitcoin bear markets. They lead to accumulation phases of a lifetime. The only trick is to just stick around no matter how bad it gets If you aren’t following Bnb_7h you should be. There aren’t many who have a better understanding of value investing, great TA

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 531. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Hong Kong Stocks Falls 2% After Federal Reserve Raises Rates; Bank of Japan Decision AheadAsia markets declined on Thursday after the U.S. Federal Reserve raised interest rates and signaled further hikes ahead.
Источник: NBCDFW - 🏆 288. / 63 Прочитайте больше »