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Digital Yuan ‘Spurs Rise in Mainland China-Hong Kong Cross-border Payments’

The Chinese digital yuan pilot’s spread to Hong Kong may be playing a part in driving up cross-border payments, media outlets have suggested. Per China Fund News, via the Securities Times, certain types of “cross-border...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Digital Yuan ‘Spurs Rise in Mainland China-Hong Kong Cross-border Payments’
The Chinese digital yuan pilot’s spread to Hong Kong may be playing a part in driving up cross-border payments, media outlets have suggested.
Per China Fund News, via the Securities Times, certain types of “cross-border payments” between Mainland China and Hong Kong, as well as the mainland and Macau, have “increased tenfold” in the past 12 months....
Read More: Digital Yuan ‘Spurs Rise in Mainland China-Hong Kong Cross-border Payments’

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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