The Hong Kong Financial Services and the Treasury Bureau studies the legal regulatory framework for tokenized bonds

According to Jinshi News, Chan Ho Lam, Deputy Secretary for Financial Services and the Treasury of Hong Kong, stated at the "Web5 Ecosystem" summit on December 18 that government departments are studying the legal 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 the field of tokenization and digital assets in Hong Kong.

In addition, the Hong Kong Monetary Authority is implementing a digital currency project, including promoting commercial banks to launch tokenized deposits and facilitating the trading of real tokenized assets.