Hong Kong Policy Address: Tokenization framework for gold and other RWAs refined; Exchange Fund Bills to be tested by year-end
The Hong Kong SAR Government released its Policy Address on September 17, announcing that the SFC will improve the regulatory framework for tokenized investment products and promote the issuance and trading of gold and other suitable tokenized RWAs on licensed platforms. The HKMA will test the tokenized operation of Exchange Fund Bills, with a Total value of more than HK$1.3 trillion, by the end of the year to help banks use these bills efficiently around the clock. The EnsembleTX platform’s CBD
Bisc·09-17 02:37
