Hong Kong Minister of Finance: Measuring Digital Yuan Usage in Hong Kong

According to a Golden Ten report, Hong Kong Finance Minister Chen Maobo wrote on his blog that he supports further research on central bank spending (CBDC). In addition to the CBDC's assessment of the current level of cross-border payments, next year will strengthen the preparation for the CBDC's wholesale and retail announcement in Hong Kong, including research on the use of the currency. digital in Hong Kong dollars. Continued cooperation with local retailers, People's Bank of China.The technology is testing the use of RMB digital currency in Hong Kong, providing convenient cross-border payment services to mainland residents and local people.