China’s e-CNY pilot to boost Hong Kong as offshore yuan trading center
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Hong Kong will soon roll out a pilot program for the retail cross-border use of e-CNY — China’s central bank digital currency (CBDC) — and small and midsize businesses could be major beneficiaries,…
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Hong Kong serves as a fitting testbed for international payments using the e-CNY, China’s central bank digital currency (CBDC), given its political and economic nuances, industry experts say. “What... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source…
Hong Kong-listed Chinese food delivery giant Meituan, which occupies 70% of the market share, on Wednesday started to accept digital yuan for payments, as tested by bitcoinlinux.com. Fast facts... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source…
By offering China’s digital currency in trial as a payments option in all pilot areas, payments giant WeChat Pay is paving the way for the wider adoption of the digital yuan in the world’s most... [[ This is a content summary only. Visit my website for full links, other content,…