News with the tag "hong kong central bank"

HKMA deputy chief executive Arthur Yuen said that enhancing employees’ skills would allow them to “coexist with technology in the AI era.”

HKMA deputy chief executive Arthur Yuen said that enhancing employees' skills would allow them to “coexist with technology in the AI era.”

As financial institutions worldwide explore the adoption of digital currencies, Hong Kong’s stance on its own Central Bank Digital Currency (CBDC), known as e-HKD, remains cautious. A recently published report by the Hong Kong Monetary Authority (HKMA) highlights both the opportunities and challenge...