Hong Kong is exploring the possibility of increasing the usage limits for digital RMB wallets, according to Financial Secretary Michael Hsu Cheng-tse. The Hong Kong Monetary Authority (HKMA) is in discussions with the People's Bank of China and its subsidiaries to enhance cross-border digital RMB pilot programs. As the number of retail points accepting digital RMB in Hong Kong grows, the HKMA aims to finalize plans and timelines for these upgrades.
Hong Kong Considers Raising Digital RMB Wallet Limits
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