Hong Kong's central bank digital currency, e-HKD, will likely be developed “without the public making a decision as to what they really want,” a source within a local bank told CoinDesk. By Lavender Au
Explore the policy fallout from the 2022 market crash, the advance of CBDCs and more.Hong Kong is stepping up efforts to develop its own central bank digital currency this year, but the regulator has left the nature of the ledger itself – fully centralized or decentralized – up to the banks.
Unlike the People Bank of China’s e-CNY, the architecture of Hong Kong’s central bank digital currency hasn't been dictated by the central government, said the Hong Kong-based bank official, who was not authorized to speak publicly about the issue.
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