Hong Kong Monetary Authority: The current digital renminbi pilot does not require real-name registration and personal transfers are not allowed

According to ChainCatcher news, the Hong Kong Monetary Authority stated that users can now download and install the "Digital RMB" (English name is e-CNY) wallet application through smartphone application stores, and use FPS through 17 retail banks in Hong Kong. To add value in RMB, some banks that provide FPS value-added services can provide customers with real-time exchange services. Hong Kong dollars can be directly converted into RMB value-added digital currency wallets, and the exchange rate will be displayed in real time for customers' reference. Hong Kong residents only need to register with a Hong Kong mobile phone number to open a digital currency wallet in real time. There is no need to register with a real name or open a mainland bank account, and add value to the digital currency wallet through FPS. The current pilot program supports the four types of personal wallets opened by Hong Kong users, which can be used for retail payments. They are not limited to the Greater Bay Area and can also be used for consumption in other mainland pilot areas, but personal transfers are not allowed.