$BTC China Securities Network (Reporter Qi Jinzhao) On October 14, the Hong Kong Monetary Authority issued a public consultation summary on the "virtual bank" name change proposal. During the consultation period, the Hong Kong Monetary Authority received a total of 26 opinions, including from the industry or professional organizations, virtual banks and citizens. Respondents generally supported the name change proposal, and most of them agreed to use the new name "Digital Bank". The Hong Kong Monetary Authority will revise the "Approval of Virtual Banks" guidelines to implement the new name "Digital Bank" as soon as possible.

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