Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
The Hong Kong Monetary Authority launches the second phase of the “Digital Hong Kong Dollar” pilot scheme

The Hong Kong Monetary Authority launches the second phase of the “Digital Hong Kong Dollar” pilot scheme

Cointime2024/03/14 08:42
By: Cointime

Hong Kong Monetary Authority announced today the launch of the second phase of the "Digital Hong Kong Dollar" pilot program to further explore innovative use cases for the digital currency in Hong Kong. The HKMA completed the first phase of the pilot program in October last year, studying local retail use cases in various areas such as programmable payments, tokenized asset settlement, and offline payments. Based on the results and experience of the first phase of the pilot program, the second phase will delve deeper into some of the experiments of the first phase, namely the three unique characteristics that the "Digital Hong Kong Dollar" may bring, including programmability, tokenization, and real-time settlement, and explore new use cases not included in the first phase.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

BTC/ETH VIP Earn Ultimate Carnival is officially here!
Bitget Announcement2025/09/18 07:12
New spot margin trading pair — FLOCK/USDT!
Bitget Announcement2025/09/18 06:55
0GUSDT now launched for pre-market futures trading
Bitget Announcement2025/09/18 05:39

Trending news

More
1
BTC/ETH VIP Earn Ultimate Carnival is officially here!
2
New spot margin trading pair — FLOCK/USDT!

Crypto prices

More
Bitcoin
Bitcoin
BTC
$117,282.68
+0.95%
Ethereum
Ethereum
ETH
$4,594.13
+1.25%
XRP
XRP
XRP
$3.08
+1.19%
Tether USDt
Tether USDt
USDT
$1
-0.01%
BNB
BNB
BNB
$987.61
+2.52%
Solana
Solana
SOL
$247.38
+2.14%
USDC
USDC
USDC
$0.9998
+0.00%
Dogecoin
Dogecoin
DOGE
$0.2805
+1.06%
Cardano
Cardano
ADA
$0.9278
+3.50%
TRON
TRON
TRX
$0.3505
+2.71%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter