Hong Kong pilots digital money, testing e-HKD with 11 firms across various sectors

The Hong Kong Monetary Authority (HKMA) started the second phase of its central bank digital currency (CBDC), e-HKD, on September 23. In an announcement, the HKMA disclosed that Phase 2 would see 11 groups of firms across various sectors explore the use of e-HKD and tokenized deposits. According to the authority, the selected firms will

Source: Cryptopolitan