The Hong Kong Monetary Authority has released the latest briefing document, announcing the revision of the 'Recognition of Digital Banks' guidelines and publishing it in the Gazette. Digital banks will comply with the same regulatory requirements as traditional banks, but will be adjusted according to their business models. 📊 As of October 25, 2024, there are eight registered digital banks in Hong Kong, including WeLab Bank and Ant Bank, among others. What do you think about the future development of digital banks? Feel free to share your views in the comments! #Blockchain #DigitalBank #HongKongFinance