I also hold out hope that the multi-state work engaged in by the 50 state attorneys general will prove to be a vehicle for resolving the underlying problems. The coordination and expertise at the state level in these matters is an essential corrective.
In July  2  BIS central bankers’ speeches  2009, Macao banks were allowed to conduct settlement for cross-border trades denominated in RMB. At the moment, RMB is freely circulated in Macao like other currencies.