TechFlow news, October 9 — According to Hong Kong media outlet Hong Kong 01, Financial Secretary of Hong Kong's Financial Services and the Treasury Bureau, Xu Zhengyu, stated that the Hong Kong Monetary Authority (HKMA) has maintained close communication with the People's Bank of China's Digital Currency Research Institute and mainland operating institutions' subsidiary banks in Hong Kong. The number of local retail outlets in Hong Kong accepting digital renminbi is gradually increasing. The HKMA will continue to cooperate with the People's Bank of China to advance cross-border pilot programs for the digital renminbi in Hong Kong. Discussions are currently underway regarding the arrangements and feasibility of upgrading digital currency wallets to increase their transaction limits, with specific plans and timelines to be finalized.
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / support@techflowpost.com ICP License: 琼ICP备2022009338号
