Hong Kong Firms Make First Cross-border Digital Yuan Commodity Payments

10 months ago 17

Source: leungc/Adobe Hong Kong-based firms have made the first “cross-border” commodity payments with the Mainland Chinese digital yuan, as the CBDC takes its first international steps. Per Hong Kong Today, several Hong Kong firms took part in the Bank of China (Hong Kong)’s “Enterprise Digital RMB Cross-border Transaction Pilot” (literal translation). The bank says it […]

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