PBOC and HKMA partnership on fintech and CBDC
People's Bank of China announced central bank digital currency cooperation with Hong Kong Monetary Authority on December 9, 2021.
- Primary
- People's Bank of China
- Counterparty
- Hong Kong Monetary Authority
- Structure
- central bank digital currency cooperation
- Date
- December 9, 2021
- Sub-sector
- Crypto / Digital Assets
PBOC and HKMA expand fintech and CBDC collaboration including mBridge cross-border digital currency trial to strengthen Hong Kong's financial infrastructure and RMB internationalization.
Source: global.chinadaily.com.cn