Reading Time: 2 minutes The Hong Kong Monetary Authority (HKMA) has completed phase 1 of a retail Central Bank Digital Currency pilot The pilot showed potential benefits like programmability, transaction speed, and cost-efficiency The HKMA emphasized that more investigation and larger-scale testing are needed before deciding to introduce a digital Hong Kong dollar The Hong Kong Monetary Authority (HKMA) has completed phase 1 of a pilot program exploring the potential of a retail Central Bank Digital Currency (CBDC…
Read More
Hong Kong Monetary Authority Completes CBDC Pilot
Previous Article14-inch and 16-inch MacBook Pro: Buy now or wait?