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.
Related posts
-
ESG-Focused Blockchain Trrue Secures $10M Investment Commitment From GEM Digital
Trrue, a layer-1 blockchain focused on environmental, social and governance (ESG) compliance and real-world asset tokenization... -
Digital Assets Will Be an Important Part of Mainstream Finance, Says Binance.US CEO
Binance.US expects digital assets to anchor mainstream finance in... -
UAE Deepens Economic Ties With China and India Through BRICS Collaboration
The UAE’s growing economic influence and deeper global ties...