HKMA Holds Off on Central Bank Digital Currency

Posted on 05/31/2018


The Hong Kong Monetary Authority (HKMA) conducted research and proof-of-concept studies on the viability of the central bank issuing a digital currency. HKMA government officials revealed the central bank has no plans to release a central bank digital currency. HKMA plans to continue to monitor developments in the cryptocurrency space. In a May 30, 2018, […]