Hong Kong Tests China’s Digital Yuan (e-CNY) for Residents

Hong Kong launched a pilot program allowing residents to use China’s CBDC, the e-CNY, for the first time outside mainland China. This initiative marks a significant step in China’s efforts to internationalize the e-CNY and potentially increase the yuan’s role in global transactions, according to Bloomberg reports. Residents within designated pilot areas can now create […] source: https://coinedition.com/hong-kong-tests-chinas-digital-yuan-e-cny-for-residents/