Hong Kong Preparing to Join Digital Yuan Pilot, Extend ‘Cross-border’ Reach

Read full article at Crypto News.

Mainland China and Hong Kong are set to co-launch the digital yuan’s first cross-border pilot project – as the People’s Bank of China (PBoC)-led project edges ever-closer to roll out.
According to Shanghai Securities News, Howard Lee, the Deputy Chief Executive of the Hong Kong Monetary Authority (HKMA), Hong Kong will become the “first cross-border pilot area for digital yuan outside Mainland China.” However, Lee did not put a timeframe on this….
Read More: Hong Kong Preparing to Join Digital Yuan Pilot, Extend ‘Cross-border’ Reach

This article is strictly for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. CryptosOnline.com does not provide investment, tax, legal, business or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any loss or damage caused or alleged to be caused by, or in connection with, the use of or reliance on any content, goods, services or opinions mentioned in this article.

#Bitcoin #Crypto #Cryptocurrency