Informed sources: Hong Kong regulators have deployed the CBDC implementation work to licensed banks in Hong Kong

ChainCatcher news, according to sources cited by CoinDesk, Hong Kong is intensifying efforts to develop its own central bank digital currency "e-HKD" this year. Regulators have assigned the implementation work to licensed banks in Hong Kong and have left the choice of centralized or decentralized forms to the banks.

The source also indicated that at least one large bank is inclined to develop the e-HKD on a licensed blockchain, and unlike the digital renminbi from the People's Bank of China, the architecture of the CBDC launched by Hong Kong has not been determined by the Chinese authorities. (Source link)