Hong Kong digital yuan pilot lacks P2P capabilities
May 17, 2024 Comments Off
While Hong Kong residents can sign up for a digital yuan wallet with a phone number, the CBDC is currently restricted to cross-border transactions and cannot be used for person-to-person transfers within Hong Kong.
Hong Kong digital yuan pilot lacks P2P capabilities
While Hong Kong residents can sign up for a digital yuan wallet with a phone number, the CBDC is currently restricted to cross-border transactions and cannot be used for person-to-person transfers within Hong Kong.
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