The China Securities Regulatory Commission has issued a license to 11 digital asset trading platforms and is processing another 9 license applications.

According to Bijie.com, Hong Kong's "Stablecoin Ordinance" will come into effect on August 1, and the China Securities Regulatory Commission is consulting the public on the licensing system for digital asset trading and custody services. At present, 11 digital asset trading platforms have been officially issued, and another 9 applications are being processed. The government has issued tokenized green bonds twice and plans to regularly issue tokenized bonds.