Odaily Planet Daily News: Hong Kong Securities and Futures Commission licensed person Pang Baolin revealed that the market expects Hong Kong to promote interoperability such as virtual asset transactions and physical tokenization (STO). The Hong Kong Monetary Authority has studied tokenized deposits through sandboxes, such as interbank delivery and settlement, to conduct payment tests for the future digitalization of Hong Kong dollars and stablecoins, and to make full preparations for innovative financial market infrastructure and future digitalization. (Hong Kong Economic Journal)