Wu Changchun Central Bank: a multi-bank digital currency gateway project, expanding the range of application scenarios.

On December 9, Mu Changchun, director of the Central Bank's Digital Currency Research Institute, announced that financial institutions in China and financial institutions in Hong Kong had joined forces to discuss the "Status and Prospect of the International Financial Center of Hong Kong ”. In recent years, a joint study of financial instruments and digital banking has worked to improve cross-border payments and facilitate cross-border transactions. Mu Changchun, under several banking financial bridge projects, under the auspices of the Bank for International Settlements, Institute for International Settlements, Hong Kong Monetary Authority, Bank of Thailand and the Bank Central United Arab Emirates. , is a joint venture for cross-border agreements based on digital currency law. We seek to establish partnerships. Now the project has started to complete the construction of a high-performance transition test platform, and through the test, the performance of the cross-border industry cross-border in the cross-border industry Comprehensive solutions have been tested, and it turned out to be successful. connections can be improved. Efficiency of cross-border payments and cost reduction, improved business transparency. (Shanghai Securities News, China Securities Net)