Mu Changchun Central Bank: A second phase of research on the digital currency of the central bank and the Hong Kong Monetary Authority is underway.

On December 9, Changchun Mu, Director of the Central Bank Digital Currency Research Institute, spoke at the “Hong Kong International Financial Center Status and Prospect Seminar”, the Central Bank Digital Currency Research Institute and the Hong Kong Monetary Authority held participated in the exploration. a series of central bank digital currency upgrades, capable of international payments. The two sides completed the first phase of technology testing, recognizing the important functions of payment, remittance and use of RMB digital wallets in the field of regional banks and merchants in Hong Kong. The two sides are currently conducting a second phase of research to explore the interrelationships and interrelationships between the digital yuan and "FPS" express payments. (Ten of gold)