Hong Kong digital yuan pilot lacks P2P capabilities



<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDUvYzc3ZmM3ZGUtMTkzMC00YTYxLTllODktZTRhYjMwMDU5ODljLmpwZw==.jpg"></p><p>While Hong Kong residents can sign up for a digital yuan wallet with a phone number, the CBDC is currently restricted to cross-border transactions and cannot be used for person-to-person transfers within Hong Kong.</p>



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