Hong Kong will adopt a three-track approach to prepare for digital Hong Kong dollar

On page A17 of the Ta Kung Pao on December 28th, an article entitled "Preparing for the Introduction of the Digital Hong Kong Dollar with Three Tracks" pointed out that Hong Kong will use a "three-track" approach to prepare for the possible introduction of the digital Hong Kong dollar in the future. The first track aims to lay the technical and legal foundation for the future introduction of the "digital Hong Kong dollar". The second track runs parallel to the first track, conducting in-depth research on use cases and related execution and design issues of the "digital Hong Kong dollar". The third track is related to when the digital Hong Kong dollar will be officially launched, at which time a comprehensive deployment and timetable will be established.