🇭🇰 The Hong Kong Monetary Authority (HKMA) has released a report on the first phase of its central bank digital currency (CBDC) pilot program. The report noted that e-HKD could add unique value to the payment ecosystem, but further research is needed. The HKMA noted that e-HKD could add value in three main areas: programmability, tokenization, and atomic payments. However, the pilot programs were conducted on a small scale and in a controlled environment. 😯

Hong Kong will continue to explore new use cases for e-HKD and delve deeper into selected pilots. What do you think the future of e-HKD will be? We welcome your comments! 💬👇