Macau plans to amend the law to include digital currency as legal tender

ChainCatcher news, according to the Macao SAR Executive Council on the 14th, the discussion on the draft law of the "Legal System for the Establishment and Issuance of Currency" has been completed, and the relevant bill will be submitted to the Legislative Assembly for deliberation. The bill proposes that Macao's legal tender includes not only traditional types of banknotes and coins but also digital forms of currency, granting them equal status, and the relevant system will be regulated by special legislation.
It was introduced that, given that the current regulation on the issuance of currency, Decree No. 7/95/M, has been in effect for over 27 years, in order to improve the legal system for the establishment and issuance of currency in the Macao SAR and to connect with the economic environment and legal systems of mainland China and Hong Kong, the SAR government has formulated the "Legal System for the Establishment and Issuance of Currency" bill.

Earlier in June, the Secretary for Economy and Finance of Macao, Lei Wai Nong, stated that he would continue to communicate with relevant ministries and research institutions to explore the introduction of central bank digital currency into Macao. (source link)