CoinVoice has recently learned that, according to First Financial News, the Monetary Authority of Macao has officially released the (Macau SAR Digital Pataca White Paper) and publicly demonstrated the prototype system for the digital pataca.
The Secretary for Economy and Finance of Macao, Lei Wai Nong, announced that, with the support of the People's Bank of China, the Macao SAR has successfully constructed the prototype system for the digital pataca (e-MOP), laying the necessary foundation for the future development of the digital pataca.
The Chairman of the Administrative Management Committee of the Monetary Authority of Macao, Chan Sau San, introduced that the digital pataca, as the legal currency of the Macao SAR, has the same legal status and value as paper money and coins, with 100% reserve support and full legal tender status. [Original link]