Hong Kong introduces pilot program for China's digital yuan in local shops, strengthening digital currency collaboration.
Hong Kong has initiated a pilot program to allow China's digital yuan as payment in local shops, increasing collaboration between Hong Kong and China on digital currency adoption. Residents can now open digital yuan wallets with major banks and use them within the Greater Bay Area and other pilot regions. This move supports Hong Kong's efforts to establish itself as a virtual-asset hub.
May 17, 2024
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