Hong Kong Monetary Authority launches phase two of e-HKD pilot program until mid-2025.

Hong Kong's central bank, the Hong Kong Monetary Authority (HKMA), launched phase two of its e-Hong Kong dollar (e-HKD) pilot program, seeking further exploration of the potential of a digital Hong Kong dollar, including programmability, tokenization, and atomic settlement. The second phase will last until mid-2025, allowing participants to test and submit potential use cases for the CBDC.

March 14, 2024
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