News list for "Technical arrangements"

The Hong Kong Monetary Authority expanded the cross-border pilot of digital RMB in Hong Kong yesterday. Li Dazhi, deputy chief executive of the HKMA, pointed out that digital RMB wallets are not ordinary electronic wallets. This is equivalent to people holding RMB cash. At present, they can only be used for retail payment purposes and cannot be used for personal (i.e. P2P) transfers. Bao Keyun, assistant chief executive (financial infrastructure) of the HKMA, said that if P2P transfers are to be...

2024-05-18 03:16:44