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Digital Yuan Goes Cross-Border: Hong Kong Unveils e-CNY Wallets For Local Users

Digital Yuan Goes Cross-Border: Hong Kong Unveils e-CNY Wallets For Local Users


Bitcoinist
2024-05-18 02:00:37

In a significant move towards enhancing digital currency use, Hong Kong residents can now set up personal digital yuan or e-CNY wallets, as announced by the Hong Kong Monetary Authority (HKMA). This development, part of a collaboration with the People’s Bank of China (PBoC), marks a milestone in “facilitating” cross-border transactions between Hong Kong and


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