Hong Kong's 2025 Policy Address promotes legislation on tokenized deposits and digital assets
Source: Binance
Time: 2025-09-17 13:24:44
According to Wu Said, the Chief Executive of Hong Kong's 2025 Policy Address pointed out that the HKMA will promote the Ensemble project and promote commercial banks to launch tokenized deposits and real tokenized asset transactions.
The report mentioned that the government will regularly issue tokenized bonds and encourage banks to strengthen risk management through regulatory sandboxes. The stablecoin issuer system is being implemented.
The China Securities Regulatory Commission studies and expands the types of digital asset products and services for professional investors, and strengthens international tax cooperation to combat cross-border tax evasion. Introduce automation tools to build a line of defense against digital assets.