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Opinion | HKMA steals march with new wholesale central bank digital currency

Retrieved on: 2024-03-13 23:13:41

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Opinion | HKMA steals march with new wholesale central bank digital currency. View article details on HISWAI: https://www.scmp.com/comment/opinion/article/3255282/hkma-steals-march-new-wholesale-central-bank-digital-currency

Summary

The article discusses Hong Kong's advancements in fintech, highlighting the implementation of a blockchain-based wholesale Central Bank Digital Currency (wCBDC), separate from China's retail-focused CBDCs, and Ant Group's involvement in enhancing trade efficiency and security.

Article found on: www.scmp.com

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