[Hong Kong Financial Secretary Paul Chan: The Influence of Digital Assets is Rapidly Expanding, Requiring International Cooperation for Prudent Regulation] Hong Kong Financial Secretary Paul Chan stated in the latest edition of his blog, *From New York to Washington*, that during the Annual Meetings of the International Monetary Fund and the World Bank Group, member economies unanimously recognized that the influence of digital assets is rapidly expanding. Paul Chan pointed out that blockchain technology demonstrates significant potential in promoting regional trade and enhancing cross-border settlement efficiency, with particular attention drawn to the development prospects of digital assets such as stablecoins. He emphasized that the international community needs to strengthen cooperation to prudently manage the risks that digital assets may pose to the stability of the global financial system.