PANews|Oct 30, 2025 04:29
[Hong Kong Monetary Authority Plans to Build Digital Currency Framework to Promote Coexistence of Tokenized Currencies]
Eddie Yue, Chief Executive of the Hong Kong Monetary Authority (HKMA), published an article titled 'Building Bridges for Hong Kong's Digital Economy' in *Insight*. He announced that a new phase of the fintech development blueprint will be released to strengthen Hong Kong's leading position in the fintech sector. The HKMA plans to delve deeper into exploring central bank digital currencies (CBDC) and constructing next-generation data infrastructure, while also studying the optimization effects of tokenization technology on the financial system. Furthermore, Hong Kong will establish a comprehensive digital currency framework to facilitate the complementary coexistence of various forms of tokenized currencies, including the digital Hong Kong dollar, tokenized deposits, and regulated stablecoins.
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