The Hong Kong Monetary Authority is discussing with the People's Bank of China the next phase of cross-border payment technology testing of digital RMB
Athena
Jan 27
On January 27th, according to a report in Hong Kong, Reuters, Xu Zhengyu, Secretary for Financial Services and the Treasury of Hong Kong, pointed out in a written reply to questions from Legislative Council members that the HKMA was studying the central bank digital currency at both wholesale and retail levels. It is expected that the international trade settlement function of mBridge will enter the trial stage from this year, with the goal of developing a system that can support the whole in...

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