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2025国际货币论坛:稳定币推动香港数字金融发展,人民币国际化再迎机遇
Jing Ji Guan Cha Bao·2025-07-28 09:34

Core Insights - The forum highlighted the role of stablecoins in promoting digital finance in Hong Kong and the internationalization of the Renminbi [1][2][8] - Experts discussed the dual nature of stablecoins, emphasizing their potential for financial innovation while also acknowledging systemic risks [3][6] Group 1: Stablecoins and Financial Innovation - Stablecoins are emerging as a significant force in the global financial system, impacting cross-border payments and the internationalization of the Renminbi [2][8] - The forum emphasized that Hong Kong should leverage stablecoins to connect China with the global market, potentially easing restrictions on cross-border capital flows [3][4] Group 2: Hong Kong's Role - Hong Kong is positioned as a key player in exploring advanced digital financial infrastructure, benefiting from a favorable regulatory environment and a history of financial innovation [4][7] - The introduction of the "Stablecoin Regulation" in Hong Kong marks a significant step in establishing a clear compliance framework for the stablecoin market [7][8] Group 3: Technological Evolution - The evolution of financial infrastructure has undergone three major revolutions, with distributed ledger technology (DLT) being a pivotal development that enhances transaction efficiency [5][6] - The emergence of stablecoins signifies a trend towards "digital twins," allowing real-world assets to circulate on blockchain platforms [5][6] Group 4: Risks and Regulatory Considerations - The need for stringent regulatory measures regarding anti-money laundering for stablecoins was emphasized by industry leaders [1][6] - The balance between efficiency and security, as well as the importance of international regulatory cooperation, is crucial for the successful implementation of stablecoins [8]