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Hong Kong Expands e-CNY Pilot with Higher Wallet Limits and Broader Use Cases
Hong Kong Expands e-CNY Pilot with Higher Wallet Limits and Broader Use Cases
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BTCCSquare news:
Hong Kong is aggressively expanding its digital yuan pilot, integrating more retail merchants across the territory. Discussions with the People’s Bank of China aim to raise transaction caps beyond the current RMB 2,000 limit and balance ceilings above RMB 10,000.
The HKMA is driving adoption by incentivizing banks to onboard merchants and enabling FPS top-ups. Cross-border applications like wage payments and supply chain finance are being prioritized to deepen Mainland integration.
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