Wu Changchun Central Bank: a multi-bank digital currency gateway project, expanding the range of application scenarios.

On December 9, Mu Changchun, director of the Central Bank's Digital Currency Research Institute, said in a joint statement "Status and Prospect of Hong Kong International Financial Center" that financial institutions in China and financial institutions in Hong Kong have worked together. In recent years, a joint study of financial instruments and digital banking has worked to improve cross-border payments and facilitate cross-border transactions.

Mu Changchun, in cooperation with the digital currency bridge project of several financial institutions, in collaboration with the Bank for International Settlements, the Institute for International Settlements, the Hong Kong Monetary Authority, the Bank of Thailand and the Central Bank of United Arab Emirates. , is a joint venture for cross-border agreements based on legal digital advantages. We seek to establish partnerships.

Now the project has started to complete the construction of a high-performance transition test platform and, through the test, the performance of the cross-border cross-border industry into the cross-border industry. Global solutions have been tried, and it has proven to be successful. connections can be improved. Improve the efficiency of cross-border payments and reduce payment costs, improve business transparency.

Mu Changchun Central Bank: A second phase of exploration of the digital currency of the central bank and the Hong Kong Monetary Authority is underway.

On December 9, Mu Chang-chun, director of the Central Bank's Digital Currency Research Institute, announced at the Hong Kong International Financial Center Status and Prospect Seminar that the Central Bank's Digital Currency Research Institute and the Monetary Authority from Hong Kong had given an interview. series of measurements. The possibility of collaborating on global payments to jointly explore the development of digital banking.

The two sides completed the first phase of technology testing, recognizing the important functions of payment, remittance and use of RMB digital wallets in the field of regional banks and merchants in Hong Kong. The two sides are currently conducting a second phase of research to explore the interrelationships and interrelationships between the digital yuan and "FPS" express payments.