The Hong Kong Special Administrative Region government will regularize the issuance of tokenized bonds to promote the development of digital assets.

[Coin World][Hong Kong SAR Government: Will Regularize the Issuance of Tokenized Government Bonds] The Hong Kong SAR Government today released the “Hong Kong Digital Asset Development Policy Declaration 2.0.” In the declaration, the SAR government stated that it has issued tokenized green bonds twice (totaling approximately HKD 6.8 billion), proactively demonstrating the benefits of the tokenization scheme. On this basis, the government will regularize the issuance of tokenized government bonds and will explore different currency and maturity arrangements, as well as other innovative options. The SAR government hopes that this move will provide the market with stable and high-quality digital bonds, further expand accessibility, and attract a broader range of investors. To further leverage the advantages of tokenization, the Hong Kong Financial Services and the Treasury Bureau and the Monetary Authority will continue to communicate with industry experts to understand various opinions in the market, including the incorporation of digital money to enhance trading efficiency, secondary market trading application scenarios, and further expanding investor participation in the local bond market. The SAR government aims to set a global benchmark by taking the lead in issuing tokenized bonds and regularizing them, enhancing market confidence in the technology while encouraging adoption by both the public and private sectors.