Status
PILOT
Hong Kong
Hong Kong e-HKD (Digital Hong Kong Dollar)
According to Hong Kong Monetary Authority disclosures and linked sources, this profile records status, architecture, and capability fields for Hong Kong e-HKD (Digital Hong Kong Dollar).
Program Snapshot
Current status fields and timeline data from the profile record.
Type
RETAIL
Program classification
Wallets
Not listed
Annual Volume
Not listed
Status and Timeline
| Field | Value |
|---|---|
| Announced | 2021-06-01 |
| Pilot start | 2022-11-01 |
| Launch | Not listed |
| Last verified | 2026-04-07 |
Availability
- Retail
- pilot
- Wholesale
- pilot
Central Bank
Hong Kong Monetary Authority
Technical Profile
| Attribute | Value |
|---|---|
| Type | Retail |
| Architecture | two-tier |
| Access model | account based |
| Technology base | dlt |
| Legal tender | pilot only |
Capabilities
offline payments: Yes
programmability: Yes
cross border: Yes
interest bearing: No
transaction limits: Yes
Cross-Border Projects
mBridge
Role: participant
Recent Updates
According to the Hong Kong Monetary Authority (HKMA) e-HKD Pilot Programme Phase 2 Report (October 2025), the pilots were conducted as proofs-of-concept without public metrics on wallet count or transaction volume. Phase 2 completed October 28, 2025 with 11 use cases including tokenized deposits, programmability, and offline payments. HKMA announced on November 13, 2025 that preparatory work for a potential retail e-HKD will continue through H1 2026 while prioritizing wholesale CBDC development including mBridge participation.
Updated: Apr 7, 2026
Frequently Asked Questions
Does Hong Kong have a CBDC?
According to listed sources, Hong Kong is developing Hong Kong e-HKD (Digital Hong Kong Dollar), currently in pilot phase.
What is the current status of Hong Kong's CBDC?
Hong Kong e-HKD (Digital Hong Kong Dollar) is in pilot phase as of 2026-04-07.
When did Hong Kong start CBDC pilot activity?
Pilot activity is listed from 2022-11-01.
How many users or wallets are reported for Hong Kong's CBDC?
Wallet metrics are not listed in the current dataset.
Is Hong Kong's CBDC retail, wholesale, or hybrid?
Hong Kong e-HKD (Digital Hong Kong Dollar) is categorized as retail.
Which institution manages Hong Kong e-HKD (Digital Hong Kong Dollar)?
Hong Kong e-HKD (Digital Hong Kong Dollar) is managed by Hong Kong Monetary Authority.
Related CBDCs
Sources
Sources
Last verified: 2026-04-07
HKMA CBDC Official Page
central bank
HKMA completes e-HKD Pilot Programme and outlines future direction - Press Release
central bank
e-HKD Pilot Programme Phase 2 Report (PDF)
central bank