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First Mover Asia: Hong Kong Isn’t Sure if It Needs a CBDC

The issues that have prompted other countries to explore a central bank digital currency don’t exist to the same extent in Hong Kong; bitcoin continues its mini-upswing.

Updated May 11, 2023, 5:23 p.m. Published Apr 28, 2022, 10:30 p.m.
Hong Kong faces a choice about pursuing a CBDC. (Camerique/ClassicStock/Getty Images)
Hong Kong faces a choice about pursuing a CBDC. (Camerique/ClassicStock/Getty Images)