Hong Kong Financial Services and the Treasury Bureau: Delving into the Legal and Regulatory Framework for Tokenized Bond Issuance and Trading
3 week ago / Read about 0 minute
Author:小编   

On December 18, the "Web5 Ecosystem" summit, co-hosted by Fosun Wealth Holdings and Starlink Technology, took place in Hong Kong. Chen Hao-lian, the Deputy Secretary for Financial Services and the Treasury of the Hong Kong Special Administrative Region (SAR) Government, disclosed that the government is currently engaged in studying the legal and regulatory framework concerning the issuance and trading of tokenized bonds. Additionally, it is actively exploring optimized solutions in this regard.

In tandem with these efforts, the Hong Kong Monetary Authority is making significant strides in advancing digital currency projects. Starlink Technology, recognized as the first platform in Hong Kong to facilitate multi-currency tokenized fund distribution, boasts nearly HK$30 billion in assets under management. This information was shared by Cheng Kang, who serves as both the CEO of Fosun Wealth Holdings and the Chairman of Starlink Technology.