Simon Ko: Driving the Adoption of Tokenization Technology in the Hong Kong Bond Market, Details to be Announced in the First Half of Next Year

BlockBeats News, November 21 - Hong Kong Financial Secretary Paul Chan stated that they are jointly advancing research on the applicability of existing legislation to tokenized bonds to promote the adoption of tokenization technology in the Hong Kong bond market. Details will be announced in the first half of next year. Chan mentioned that the third batch of tokenized green bonds issued earlier introduced the option of central bank digital currency settlement in Renminbi and Hong Kong dollars, making it the world's first digital bonds to apply these two tokenized central bank currencies in the settlement process.