Hong Kong Legislative Council member Chan Chun-ying: Digital RMB will help Hong Kong accumulate experience in managing cryptocurrencies

Hong Kong Legislative Council member Chan Chun-ying stated that Hong Kong's launch of digital RMB services has become the first offshore market to participate in practical applications. After stable operation, it can gradually be promoted to other offshore markets. It is believed that this will help Hong Kong accumulate management experience in cryptocurrencies and be more confident in launching digital Hong Kong dollars in the future. The Hong Kong Monetary Authority stated that Hong Kong is already the first area outside the Mainland where local residents can open digital RMB wallets.