According to news on January 14, the Hong Kong Monetary Authority (HKMA) recently allowed digital banks to open physical branches. ZA Bank, Hong Kong’s largest digital bank, is considering this move to improve customer experience and transaction processes. The establishment of physical branches will enhance the competitiveness and customer trust of digital banks, promote financial inclusion, and accelerate industry development. At the same time, the Hong Kong Monetary Authority also launched the "Distributed Ledger Technology Regulatory Incubator" project to help banks safely adopt blockchain technology.