Hong Kong's largest bank HSBC and China's largest fintech company Ant Group have successfully tested the use of tokenized deposits in intra-group payment transactions, in a first-of-its-kind initiative in Hong Kong. Hong Kong Fintech week has focused on tokenization opportunities, with traditional banks and financial institutions on board. Hong Kong's Securities and Futures Commission has released guidelines and rules to enhance regulatory clarity and investor protection in digital asset tokenization. The commission plans to consult on guidelines for banks to provide virtual asset custody services and expand supervision of virtual asset transactions, OTC transactions, and stablecoins. Regulators in Singapore, Japan, the U.K., and Switzerland are collaborating on asset tokenization tests to enhance cross-border cooperation in the digital assets space.
Regulators in Singapore, Japan, the U.K. and Switzerland are collaborating on asset tokenization tests. The move aims to enhance cross-border cooperation in the digital assets space. https://t.co/Epp49wAxbe
Hong Kong stated that it will consult on the guidelines for banks to provide virtual asset custody services, and plans to expand the scope of supervision of virtual asset transactions and increase supervision of OTC transactions and stablecoins, and make the policy clear, stable… https://t.co/KYUyRCjSPz
đŸ“£ Latest News: Hong Kong's Securities and Futures Commission Issues Digital Asset Tokenization Rules #news #cryptonews #crypto #futures
Hong Kong is Asia's new crypto capital. It should ensure it doesn't make virtual assets too retail-friendly, says @andymukherjee70 https://t.co/JgFk43h7ei via @opinion
đŸ“£ Latest News: FCA releases guidance for compliance with new UK crypto asset promotion rules #news #cryptonews #crypto
ICYMI: Hong Kong sets out requirements for asset tokenization in light of ‘market demand’ https://t.co/i5NJYFSzB1
Hong Kong's Securities and Futures Commission is releasing two circulars to enhance regulatory clarity and investor protection in digital asset tokenization https://t.co/7tq7rA8T2c
Former FCA boss warns of risks to investors from UK plan to regulate crypto https://t.co/cXbrRwq7H1
Hong Kong to stoke tokenisation of real-world assets and stablecoins in push to build web3 hub. Top regulator Christopher Hui says JPEX scandal won't derail effort. https://t.co/59H0qml9zb https://t.co/59H0qml9zb
Hong Kong to stoke tokenisation of real-world assets and stablecoins in push to build web3 hub. Top regulator Christopher Hui says JPEX scandal won't derail effort. https://t.co/59H0qml9zb
Hong Kong is set to allow primary dealing of tokenization by providing more guidance on tokenized securities-related activities, the Securities and Futures Commission said on Thursday. By @amitoj. https://t.co/JXcJvulSlI
Hong Kong’s SFC unveils guidelines for digital asset tokenization in Web3 push. https://t.co/JoVfMHt5Z9
đŸ“£ Latest News: Hong Kong issues rules for asset tokenization as interest mounts #news #cryptonews #crypto
ICYMI: Hong Kong plans to target tokenization with new regulatory requirements, officials say https://t.co/sS7Cr3BjYY
Hong Kong Fintech week has been an eye opener for tokenization opportunities. All the traditional banks, and financial institutions are on board with tokenization/RWAs heavy. It’s been the main focus of the conference on day 1. https://t.co/PATQ83B9kY
Hong Kong sets out requirements for asset tokenization in light of ‘market demand’ https://t.co/l3EydmyRRp
Hong Kong Fintech week has been an eye opener for tokenization opportunities. All the traditional banks, and financial institutions are on board with tokenization/RWAs heavy. It’s been the main focus of te conference on day 1. https://t.co/UvutYkRELy
Hong Kong's largest bank HSBC and China's largest fintech company Ant Group have successfully tested the use of tokenized deposits in intra-group payment transactions, in a first-of-its-kind initiative in Hong Kong. It can enhance treasury fund transfer with improved turnaround… https://t.co/bkEPPCDCWI