Visa Concludes Hong Kong CBDC Trial with HSBC / Hang Seng Bank

Visa has effectively completed its involvement in the Hong Kong Monetary Authority's (HKMA) trial initiative for a central bank digital currency (CBDC) in collaboration with HSBC and Hang Seng Bank.This initiative, aligned with the city's "Fintech 2025" strategy, is designed to investigate the feasibility and advantages of a digital Hong Kong dollar (e-HKD). KEEP READING