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.

Digital Yuan, e-CNY pilot, Central Bank Digital Currency, CBDC, Banks, Hong Kong, China, Peoples Bank of China, YuanRead More

You might also be interested in reading Japan’s Plans for CBDC Panel to Examine Digital Yen Issuance.