Hong Kong digital yuan pilot lacks P2P capabilities

While Hong Kong residents can sign up for a digital yuan (e-CNY) wallet with a phone number, the CBDC is currently restricted to cross-border transactions and cannot be used for person-to-person transfers within Hong Kong.

Post from: Cointelegraph.com News

Tags: Digital Yuan, e-CNY pilot, Central Bank Digital Currency, CBDC, Banks, Hong Kong, China, Peoples Bank of China, Yuan

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