# Hong Kong promotes new development of digital finance! đ
Tain Yueheng, a member of the National Committee of the Chinese People's Political Consultative Conference, suggested that the SAR government should continue to develop digital finance and virtual products, explore new financial formats, and enhance the productivity of the financial industry. The key points include:
1. Promote financial technology companies to participate in the stablecoin sandbox mechanism and accelerate the launch of stablecoins that match the linked exchange rate system.
2. Expand the scope of cross-border payment testing of digital RMB.
3. Develop products that link virtual assets with real assets, such as artworks, real estate, etc.
What do you think? Welcome to share your views in the comment section!
