Sources Informed: Hong Kong Regulator Has Deployed CBDC Implementation to Banks in Hong Kong

Hong Kong is stepping up efforts to develop its own central bank digital currency "e-HKD" this year, with regulators deploying the implementation to Hong Kong banks and leaving the choice of centralized or decentralized form to the public, CoinDesk reported citing sources. to the bank. The source said at least one major bank is leaning toward developing an e-Hong Kong dollar on a permissioned blockchain, and that unlike the PBOC’s digital yuan, the architecture of Hong Kong’s CBDC is not being decided by the central government.