The People’s Bank of China has officially established the Digital RMB Operation and Management Center as the nation prepares its digital currency for widespread adoption. According to a recent report by Chinese media Capital Finance, the Governor of the central…

Hong Kong authorities have concluded the second phase of the e-HKD pilot program, with the central bank digital currency launch mostly aimed at institutional clients. According to a report by local media, the Hong Kong Monetary Authority has completed the…

The country has also legally recognized its central bank digital currency (CBDC), the digital som, with plans to pilot government-related payments with it.