BlockBeats News, March 26 — Hong Kong Financial Secretary Paul Chan Mo-po responded to a legislator’s question, stating that the Hong Kong Financial Services and the Treasury Bureau and the People’s Bank of China are exploring arrangements and feasibility for upgrading digital currency wallets to increase usage limits, expand application scenarios, and improve user experience. As policy and technical details still require in-depth discussion, specific plans and timelines are yet to be finalized. Paul Chan also disclosed the latest development data on Hong Kong’s digital renminbi, indicating that the local digital renminbi rollout has achieved rapid progress, with significant increases in wallet openings and merchant acceptance scale. Hong Kong’s digital payment era has officially entered the fast lane. (Yicai)
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