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Hong Kong’s e-HKD better suited to wholesale use than retail, HKMA says

✍️ Julie Zhang 📅 October 28, 2025 05:00 PM 🕐 Scraped: October 28, 2025

Summary: After latest trials, de facto central bank decides to focus development of the digital currency on applications for financial institutions.

The Hong Kong Monetary Authority (HKMA) has decided to focus development of the e-HKD on wholesale applications because the central bank digital currency (CBDC) has stronger potential value in large transactions than in daily retail use.

The city’s de facto central ban

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📝 Article Information

Author

Julie Zhang

Original Publisher

🌍 South China Morning Post

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Published Date

October 28, 2025 at 05:00 PM

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