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Standard Chartered, PwC make case for programmable CBDC in China Greater Bay AreaWith 11 megalopolises and three currencies, Guangdong, Hong Kong and Macao make up a region that is ripe for CBDC research.

PwC and Standard Chartered have released a white paper on the potential use of central bank digital currency in the Chinese Greater Bay Area of Guangdong, Hong Kong and Macao.