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Hong Kong plans to launch trial of e-HKD
Published on: 2022-09-22
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Hong Kong laid out an ambitious plan to develop its own retail central bank digital currency (CBDC), the e-HKD, and will start a pilot in the fourth quarter, joining the Chinese mainland in the pursuit of a digital fiat money for everyday use by its population.
 

The development of the e-HKD will follow what the Hong Kong Monetary Authority (HKMA), the city’s de facto central bank, calls a “three-rail approach,” according to an announcement Tuesday. The first will involve building the technological and legal foundation for the retail CBDC, while the second will cover research into the application, implementation, and design of the currency. The third will focus on preparations and timing for the launch of the e-HKD itself and its progress will be contingent on the first two rails, the HKMA said in a statement.

香港银行表态支持数字港元e-HKD

香港金管局表示,「数字港元」的准备工作分三轨道,首两个为奠定技术及法律基础,令其成为法定货币,及经电子钱包应用程序使用数字港元,并会与不同持份者进行试验,两者将同步进行;第三阶段才正式订下推出时间表。

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