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The Hong Kong Monetary Authority (HKMA) and the People’s Bank of China (PBoC) have advanced the e-CNY pilot for cross-boundary payments, expanding its scope in Hong Kong.
cross-border payments, instant payments, real-time payments, digital currency
The People’s Bank of China (PBOC) has written in China Finance that the country should accelerate legislation of the Financial Stability Law and improve prevention of financial risks.
central bank, risk management, fraud prevention, regulation, de-risking