Hong Kong's Financial Secretary's Office and the Hong Kong Monetary Authority will take the lead in conducting a comprehensive review of the regulations, clarifying the various processes involved in the issuance and trading of tokenized bonds.

Jinse Finance report, the Hong Kong Special Administrative Region government today released the "Hong Kong Digital Asset Development Policy Statement 2.0". The statement mentions that the government is building a unified and comprehensive regulatory framework for digital asset service providers, covering digital asset exchanges, stablecoin issuers, digital asset trading service providers, and digital asset custody service providers. Among them, the Securities and Futures Commission (SFC) will be the main regulatory authority for the licensing mechanism of future digital asset trading service providers and digital asset custody service providers. At the same time, the Financial Services and the Treasury Bureau (FSTB) and the Hong Kong Monetary Authority will take the lead in a comprehensive legal review to promote the tokenization of real-world assets and financial instruments. The review will comprehensively examine all processes of tokenized bond issuance and trading, including but not limited to settlement, registration, and record-keeping requirements.