Hong Kong Monetary Authority: The digital Hong Kong dollar is planned to be promoted for personal use, with preparatory work expected to be completed in the first half of next year.

[HKMA: Digital Hong Kong Dollar to be Promoted for Personal Use, Preparatory Work Expected to be Completed in the First Half of Next Year] According to the Hong Kong Daily News, the Hong Kong Monetary Authority (HKMA) pointed out in its “Digital Hong Kong Dollar Pilot Program Phase Two Report” that there are eleven pilot groups participating in the second phase of the project, covering three major themes: tokenized asset settlement, programmability, and offline payments. The report emphasizes that the “Digital Hong Kong Dollar” will gradually expand to the individual user level, and the preparatory work related to technology, legal, and business mechanisms is expected to be completed in the first half of 2026, at which point it can provide broader application channels for the public and businesses.

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