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HKMA: Digital Hong Kong Dollar to be promoted for personal use, preparatory work expected to be completed in the first half of next year

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2025-10-28 07:02:42
According to a report in the "Digital Hong Kong Dollar" Pilot Scheme Phase 2 Report, HKMA (HKMA) pointed out that 11 pilot groups have participated in the second phase of the project, covering the three main themes of tokenized asset settlement, programmable payment and offline payment. The report emphasizes that the "digital Hong Kong dollar" will gradually expand to the individual user level, and the preparation of relevant technical, legal and commercial mechanisms is expected to be completed in the first half of 2026, when it can provide a wider range of application channels for the public and enterprises
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