Visa Completes Hong Kong CBDC Pilot Test with Local Banks

Visa has completed the e-HKD Central Bank Digital Currency (CBDC) Pilot Programme with HSBC and Hang Seng Bank for the Hong Kong Monetary Authority. According to an announcement made on November 1, the e-HKD Programme involves the tokenization of deposits, in which the money entrusted with a bank is minted on the firm’s blockchain ledger, […]
