The Hong Kong Monetary Authority (HKMA) stated that a retail CBDC could add value to the payment ecosystem, but has not yet decided whether to launch an e-HKD.

BlockBeats news, on October 30th, the Hong Kong Monetary Authority issued a report on the first phase of its CBDC pilot. The report suggests that retail central bank digital currency (CBDC) can add value to the payment ecosystem and facilitate new types of economic transactions, but further investigation and evaluation are needed to determine their large-scale and real-life applications. Therefore, the Hong Kong government has not yet decided whether to introduce a digital Hong Kong dollar (i.e. e-HKD). The report also notes that the pilot found that e-HKD can add value in three main areas - programmability, tokenization, and atomic settlement - and may promote faster, more cost-effective, and more inclusive transactions. However, the report states that the 14 pilot projects involving 16 participating companies were conducted on a small scale in a controlled environment.