Hong Kong Treasury Bureau studies legal and regulatory framework for tokenized bonds

ChainCatcher News, according to Golden Ten Data, at the "Web5 Ecosystem" Summit on December 18, Hong Kong's Under Secretary for Financial Services and the Treasury, Joseph Chan, stated that government departments are currently studying the legal and regulatory framework for the issuance and trading of tokenized bonds, exploring optimization measures to promote the adoption of tokenization technology in Hong Kong's bond market, and enriching the variety of products in Hong Kong's tokenization and digital asset sector. In addition, the Hong Kong Monetary Authority is implementing digital currency projects, including promoting the launch of tokenized deposits by commercial banks and advancing real tokenized asset trading.