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Hong Kong e-HKD (Digital Hong Kong Dollar)

Hong Kong Monetary Authority

Status

Overall Status:Pilot
Policy Stance:Supportive
Availability
Retailpilot
Wholesalepilot

Architecture

Type:retail
Architecture:two-tier
Legal Tender:pilot only

Cross-Border Projects

mBridge

Role: participant

active

Capabilities

offline payments
programmability
cross border
interest bearing
transaction limits

Frequently Asked Questions

Does Hong Kong have a CBDC?

Yes, Hong Kong is developing Hong Kong e-HKD (Digital Hong Kong Dollar), currently in pilot phase.

What is the status of Hong Kong's CBDC?

Hong Kong e-HKD (Digital Hong Kong Dollar) is in pilot phase as of 2026-02-10. The pilot program is actively testing with real users.

When did Hong Kong launch its CBDC pilot?

The pilot launched on 2022-11-01.

How many people use Hong Kong's CBDC?

User and wallet metrics are not publicly available at this time.

Is Hong Kong's CBDC retail or wholesale?

Hong Kong e-HKD (Digital Hong Kong Dollar) is a retail CBDC designed for public use in everyday transactions.

Which central bank manages Hong Kong e-HKD (Digital Hong Kong Dollar)?

Hong Kong e-HKD (Digital Hong Kong Dollar) is managed by Hong Kong Monetary Authority.

Recent Developments

e-HKD Pilot Programme Phase 2 completed October 2025. HKMA prioritizing wholesale CBDC over retail, with preparatory work continuing through H1 2026. Testing includes programmability, tokenized deposits, and atomic settlement.

Updated: 2/10/2026

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