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19 January 2021

China's central bank plans digital yuan pilot  for payments to Hong Kong

China's central bank plans digital yuan pilot for payments to Hong Kong


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China's central bank plans digital yuan pilot for payments to Hong Kong.

China’s central bank and the Hong Kong Monetary Authority, or HKMA, are in the preliminary stages of piloting the digital yuan for cross-border payments — underscoring another key development in the rollout of a central bank digital currency, or CBDC.

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