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expert Fai Lim LOI, Dennis

 Fai Lim LOI, Dennis Photo Academic Qualification  2022      Title : Assistant Professor Faculty: School of Business Email address: flloi@must.edu.mo Tel: (853)  Ph.D.: University of Macau, Finance 2017      MA(Hons): University of Edinburgh, Economics with Finance Working Experience  2024 - Present  Assistant Professor / Macau University of Science and Technology 2022 - 2024  Postdoctoral Research Fellowship / Tsinghua University Teaching Activities  Financial Statement Analysis Fundamentals of Finance Research Interests FinTech Digital Currency Behavior Finance Corporate Finance  https://wm-fs2.must.edu.mo/group1/M00/06/6B/rBCDo2bVOmGACLDnAAQqjlTju1c716.pdf

Gov’t to expand digital pataca testing into transport, smart contract uses

 mar26 he  Monetary Authority of Macao (AMCM) plans to gradually expand testing scenarios for the digital pataca project, exploring applications in public transportation and smart contract technology. Authorities said the move aims to promote payment innovation while enhancing transaction security for consumers and merchants. Phase one of the digital pataca project was completed in 2025. Sandbox testing is now conducted through a whitelist system covering retail payments, online public service fee payments and integration with the “GovPay” online payment platform. The authority said it will continue working with relevant departments to broaden testing scope in an orderly manner. Public transport services are expected to be considered for inclusion in future sandbox trials as part of efforts to promote cashless mobility. In a written inquiry, legislator Leong Hong Sai also asked about optimizing electronic payment options for public transport. The Transport Bureau replied that ...

Macau’s digital currency system e-MOP to complete this year: AMCM

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 nov25 The development of Macau’s digital currency system, e-MOP, is expected to be completed by the end of this year, with sandbox testing across selected scenarios to follow in the next phase, the city’s de-facto central bank said. The Monetary Authority of Macau (AMCM) made the remarks in a written reply this week to legislator Song Pek Kei, who inquired about the progress of the e-MOP initiative, first unveiled last year. “To continuously enhance the digitalisation of Macau’s financial system and meet the public’s demand for convenient, secure and inclusive payment solutions, we are steadily advancing the development of the digital pataca system in accordance with the roadmap set out in the Digital Pataca White Paper of the Macau SAR,” the AMCM said in the response, dated 30 October. The Macau government introduced the prototype of e-MOP last December alongside the publication of a white paper outlining its purpose, design, positioning and technical features. The digital pataca...

e-MOP ainda longe do mercado

 jul25 Com a pataca digital ainda em fase de testes, Macau dá os primeiros passos na modernização do sistema financeiro — mas a um ritmo considerado lento por especialistas. “Macau ainda tem um longo caminho a percorrer se realmente quiser explorar e desenvolver a sua, praticamente inexistente, indústria ‘fintech’”, alerta o consultor jurídico Daniel Senna Fernandes, que vê na segunda fase do projeto e-MOP um teste crucial à capacidade institucional da região para acompanhar os avanços do setor https://www.plataformamedia.com/2025/07/04/e-mop-ainda-longe-do-mercado/

Robby Kwok, Presidente executivo da Associação de Interfluxo de Activos Digitais de Macau

 https://www.plataformamedia.com/2024/12/27/papel-crescente-dos-investidores-institucionais-nas-criptomoedas/

e-MOP pretende trazer “mais-valias impactantes” para o desenvolvimento de Macau

  Lei Wai Nong afirmou ontem que o desenvolvimento da moeda digital de Macau tem como objectivo “garantir uma melhor articulação com a comunidade internacional, uma meta que trará mais-valias impactantes no desenvolvimento económico, financeiro e mesmo social de Macau”. O secretário para a Economia e Finanças destacou as vantagens da e-MOP numa cerimónia relativa à construção do sistema de protótipo da pataca digital.   Lei Wai Nong, secretário para a Economia e Finanças, esteve presente ontem na cerimónia de celebração do “sucesso da construção do sistema de protótipo da pataca digital de Macau” e lançamento do livro branco sobre a pataca digital. No discurso que proferiu na ocasião, o secretário destacou as vantagens da e-MOP. “O desenvolvimento da moeda digital de Macau visa garantir uma melhor articulação com a comunidade internacional, uma meta que trará mais-valias impactantes no desenvolvimento económico, financeiro e mesmo social de Macau”, afirmou o governante, acresc...

e-MOP: New Macau’s casino coin of the realm? By António Lobo Vilela

 dez24 The shift towards electronic payments is both clear and inevitable. The COVID-19 pandemic has accelerated a change in payment habits, pushing people towards digital and contactless payments and e-commerce. This transformation was partly driven by concerns that handling cash could spread infection, a notion that has since been debunked. As a result, the use of cash has continued to decline. According to data from the Monetary Authority of Macau (AMCM), e-payment transactions in Macau (including apps such as MPay and card payments) hit MOP$7.6 billion (US$948 million) in the third quarter of 2024, totalling 88.1 million transactions. In comparison, during the first quarter of 2020, these transactions amounted to MOP$ 825 million (US$102 million) across 8 million transactions. The advancements in e-payment technology are truly remarkable. A notable example in Macau is the introduction of palm-recognition technology through Tencent’s Weixin Palm Pay service. This innovative tech...