Hong Kong has entered the second phase of technical testing for China's digital yuan, expanding the trial to include more Hong Kong banks. The Hong Kong Monetary Authority (HKMA) and the People's Bank of China have completed initial technical tests for cross-border payments using the digital yuan in Hong Kong, Christopher Hui, Secretary for Hong Kong's Financial Services and the Treasury, reportedly said at a fintech event. ... Read More: Hong Kong Widens Testing of China's Digital Yuan to Additional Banks
