Hong Kong Monetary Authority: The third batch of tokenized bonds may access CBDC subscription.

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[Block Rhythm] On September 27, it was reported that the Assistant Vice President (Foreign Affairs) of the Hong Kong Monetary Authority, Xu Huaizhi, revealed that the Hong Kong SAR government has issued bonds totaling approximately HKD 386 billion in RMB, HKD, EUR, and USD through the "Government Sustainable Bond Program" and the "Infrastructure Bond Program" since 2019. In February 2023 and February 2024, two batches of tokenized green bonds were successfully issued, amounting to USD 100 million and USD 750 million, respectively. The third batch of tokenized bonds will not only focus on asset-side tokenization but also consider implementing fund-side tokenization. Given that Hong Kong's fund-side tokenization development is early and the most mature is Central Bank Digital Currency (CBDC), it is possible that the fund side of these tokenized bonds may connect to CBDC subscriptions.

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SilentObservervip
· 09-27 09:56
The Hong Kong government is playing with concepts again.
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MaticHoleFillervip
· 09-27 09:47
Here comes CBDC again, the old theme.
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memecoin_therapyvip
· 09-27 09:33
Really bull, Hong Kong is making such a big deal.
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CounterIndicatorvip
· 09-27 09:33
Old Port is about to make a big move.
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