BlockBeats News, October 9th, according to Hong Kong media Hong Kong 01, Hong Kong Monetary Authority (HKMA) Chief Executive Eddie Yue said that the HKMA has been in close communication with the People’s Bank of China Digital Currency Research Institute and mainland operating agencies with subsidiaries in Hong Kong. The number of Hong Kong local retail outlets accepting digital RMB is gradually increasing. The HKMA will continue to cooperate with the People’s Bank of China to promote the cross-border pilot of digital RMB in Hong Kong. Currently, discussions are underway on the arrangement and feasibility of upgrading the digital RMB wallet to increase the usage limit, and specific plans and schedules will be implemented.
