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Vice President of the People's Bank of China: Will build a blockchain platform to promote cross-border payment cooperation in Hong Kong

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Vice President of the People's Bank of China: Will build a blockchain platform to promote cross-border payment cooperation in Hong Kong

According to Foresight News, Lu Lei, deputy governor of the People's Bank of China, said that the People's Bank of China attaches great importance to cross-border payment cooperation with Hong Kong and is actively promoting payment interconnection between the two places. Lu Lei pointed out that the People's Bank of China continues to expand the business of the RMB cross-border payment system in Hong Kong. In June this year, it successfully launched the "Cross-border Payment Pass" and has built a unified gateway for cross-border QR codes. In the future, we will further explore the use of digital renminbi for cross-border payments, including promoting multilateral central bank digital currency bridge cooperation and building a dual platform of blockchain and digital assets to provide more convenience for the integrated economic development of the two places.
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