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CCB Asia, BOC Hong Kong, HSBC and Hang Seng Bank will continue to participate in the Hong Kong Monetary Authority’s Digital Hong Kong Dollar Initiative

Bank of China Asia, Bank of China Hong Kong, HSBC, and Hang Seng Bank will continue to support the Hong Kong Monetary Authority's digital currency plan. Bank of China Asia has completed the real-life test of the "Programmable Payment - Prepaid Service" use case; Bank of China Hong Kong stated that the digital currency-related verification results have been submitted to the Monetary Authority and will further optimize the existing plan based on feedback from consumers and merchants, and explore the application value of simulating digital currency in more scenarios according to the research report published by the Monetary Authority; HSBC Bank stated that it looks forward to close cooperation with the Monetary Authority, and is ready to conduct more experiments, explore various innovative programmable solutions and application scenarios, and invite more participants. Hang Seng Bank confirmed that it will continue to support the Monetary Authority's digital currency phase two plan with partners such as Cyberport and Hong Kong University, and has successfully launched a simulated digital currency wallet and programmable token, and simulated the programmability of digital currency through a one-stop wallet. (Yahoo News)

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