News Snapshot:
Finance Magnates Telegram Channel The Hong Kong Monetary Authority (HKMA) has confirmed that it is willing to collaborate with the People’s Bank of China (PBoC) for the trials of digital yuan in the special-administrative region. Answering a set of questions raised by lawmaker Chan Chun-ying, the HKMA’s financial services and treasury secretary, Christopher Hui, publicized the monetary regulator’s stance towards the development of a central bank digital currency (CBDC). Join your industry leaders at the Finance Magnates Virtual Summit 2020: Register and vote for the FMLS awards Hui detailed that the HKMA’s priority is to develop a digital currency for...
