Hong Kong Completes First Phase of Pilot Initiative for E-HKD
Hong Kong explores the benefits of e-HKD in its digital currency pilots, stresses caution in further implementations.

Hong Kong explores the benefits of e-HKD in its digital currency pilots, stresses caution in further implementations.
The tests are part of Project Mbridge, a CBDC network that the HKMA is testing with the People's Bank of China.
A recent proposal put forward by academics aims to create a Hong Kong Dollar (HKD) stablecoin that would compete with popular USD-denominated stablecoins such as Tether (USDT) and Circle (USDC).
The decentralized exchange holds over $390 million in locked tokens as of Tuesday.
The highly anticipated first trip into the Otherside Metaverse went off with 4,500 users, as the project’s Otherdeed NFTs surpassed $1 billion in sales.
earn it
Flow announced the launch of a USD 725 million ecological fund, which will focus on games, infrastructure, DeFi, and content and creators, aiming to provide Flow ecological projects and developers with product development, product expansion, team expansion, and user acquisition. and general operational support.
What is the essence of X to Earn? Does everything really need to Earn?
Does it look like the move-to-earn games are the next big thing in the gaming sector? Genopets and Dustland Runner, STEPN and others are making moves to make it happen.
Hong Kong’s financial watchdog says it is concerned over the rising popularity of stablecoins, as it invites the public to give their say on the merits and challenges of e-HKD.