09:13
The Hong Kong Treasury will promote the tokenization of the bond market, with details to be announced in the first half of 2026.
According to ChainCatcher news, the Secretary for Financial Services and the Treasury of Hong Kong, Hui Chengyu, stated that they are jointly advancing research on the applicability of existing laws to tokenized bonds, in order to promote the adoption of tokenization technology in the Hong Kong bond market. Details will be announced in the first half of next year. Hui Chengyu mentioned that the previously issued third batch of tokenized green bonds introduced the option of settlement in Central Bank currencies tokenized in RMB and HKD, making it one of the first digital bonds globally to apply these two tokenized Central Bank currencies in the settlement process.
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