Legislative Council Members in Hong Kong Propose Deepening Cooperation with Mainland to Accelerate Development of Digital Hong Kong Dollar
Publication Time:2024-07-26 19:51:07
In recent interviews, Legislative Council Member Yan Gang proposed that in order to accelerate the development of the digital Hong Kong dollar, enrich financial product types, and enhance the overall market influence, there should be a deepened cooperation with relevant units on the mainland. He believes that digital currency as an innovative force in the financial sector not only can adapt to the digital trend in the financial industry, but also has the potential to lead innovation in the fintech field. By building more efficient and convenient payment and financial infrastructure, digital currency is expected to significantly improve the operational efficiency and user experience of the financial industry. Moreover, the development of digital currency will help attract more fintech and blockchain enterprises, further solidifying Hong Kong's position as a global hub for financial technology innovation and enhancing its status as an international financial center in terms of technological innovation. Therefore, Yan Gang suggested that the government should learn from the successful experience on the mainland, strengthen close cooperation with relevant departments on the mainland, jointly promote the development of digital Hong Kong dollar, and actively explore the development paths of the digital currency economy.
Blockchain
FinTech
Legislative Council Members in Hong Kong
digital Hong Kong dollar
cooperation with mainland