Ripple Labs and Fubon Bank have tested their digital Hong Kong dollar (eHKD) pilot program, with results to be announced during Fintech Week. Rahul Advani, Ripple's Director of Public Policy for the Asia-Pacific region, stated that there are currently no licenses available in the Hong Kong market that would allow for Ripple's business to be applied. Brooks Entwistle, Ripple's Senior Vice President and General Manager, added that Ripple will explore more use cases in compliance with regulations.
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