Hong Kong Studies Tokenized Bond Regulations to Boost Digital Asset Market

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Hong Kong is advancing digital asset regulation, with Deputy Secretary Chan Ho-lam confirming efforts to establish a legal framework for tokenized bonds at the 'Web5 Ecosystem' summit. The government is also pushing for broader adoption of tokenization in the bond market. The Hong Kong Monetary Authority is supporting initiatives to expand tokenized deposits and real-world asset transactions, while ensuring compliance with Countering the Financing of Terrorism standards.
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