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The Secretary for Financial Services and the Treasury of Hong Kong: Currently promoting the research on the applicability of existing laws to tokenized bonds.
Foresight News reports that the Secretary for Financial Services and the Treasury, Christopher Hui, stated during his speech at the FinTech Forward Symposium and the 2025 FinTech Outstanding Award Ceremony today that the Hong Kong Financial Services and the Treasury Bureau and the Hong Kong Monetary Authority are jointly advancing research on the applicability of current laws to tokenized bonds in order to promote the adoption of tokenization technology in Hong Kong's bond market, with details to be announced in the first half of next year. In addition, financial regulatory authorities regularly review and optimize the regulatory framework for digital assets. For instance, the Hong Kong Securities and Futures Commission just issued two new circulars earlier this month, allowing licensed virtual asset trading platforms to share global order books with their overseas affiliated virtual asset trading platforms, enabling local investors to more effectively utilize global market liquidity and expanding the range of products and services that virtual asset trading platforms can offer for various types of digital assets to facilitate industry development.