Hong Kong will become a testing ground for international testing of the digital yuan
Analysts at the British Independent Strategy believe that the situation in Hong Kong allows China to test the state cryptocurrency without attracting the attention of outside observers. Independent Strategy expert David Roche said the island would serve as a suitable testing ground for international payments using the digital yuan: “Hong Kong provides China with an ideal experimental intermediate option before integrating e-CNY into a globalized world with internationalization – while maintaining political control.” Roche explained…
