• 34ºc, Sunny

Yan Gang, a member of the Hong Kong Legislative Council, proposes in-depth cooperation with relevant mainland units to accelerate the progress of the digital Hong Kong dollar

Yan Gang, a member of the Legislative Council of the Hong Kong Special Administrative Region, said in an interview that to accelerate the development of the digital Hong Kong dollar, enrich financial products and enhance market influence. Digital currency adapts to the development of financial digitalization and has the potential to lead innovation in the field of financial technology. By establishing more efficient payment and financial infrastructure, digital currency can improve the efficiency and convenience of the financial industry. The development of digital currency in Hong Kong can also attract more fintech and blockchain-related enterprises to develop in Hong Kong, further promote Hong Kong to become an innovation center of financial technology, and enhance the content of innovative technology mechanisms in international financial centers, so as to enhance the status of international financial centers. It is recommended that the government learn from the experience of the mainland and cooperate in depth with relevant mainland units to speed up the process of promoting the digital Hong Kong dollar, and actively study