Hong Kong Tests China’s Digital Yuan (e-CNY) for Residents

Hong Kong launched a pilot program allowing residents to use China’s CBDC, the e-CNY, for the first time outside mainland China. This initiative marks a significant step in China’s efforts to internationalize the e-CNY and potentially increase the yuan’s role in global transactions, according to Bloomberg reports. Residents within designated pilot areas can now create The post Hong Kong Tests China’s Digital Yuan (e-CNY) for Residents appeared first on Coin Edition .