Hong Kong Launches Digital Assets Policy 2.0 to Boost Tokenization
The post Hong Kong Launches Digital Assets Policy 2.0 to Boost Tokenization appeared on BitcoinEthereumNews.com.
Hong Kong unveils Digital Assets Policy 2.0 to boost tokenization. LEAP framework outlines licensing, regulation, and asset tokenization strategies. Stablecoin licensing to begin August 2025 with strong industry interest. The Hong Kong Government launched Digital Assets Policy 2.0 on June 26, marking a major step forward in its mission to become a global leader in digital finance. The new policy builds upon the initial statement released in October 2022. It further supports Hong Kong in becoming more innovative, trustworthy, and responsible in terms of providing its services in the digital asset industry. Hong Kong to Expand Tokenized Products, Including Bonds and ETFs The new policy will propose a detailed strategy in the framework of the LEAP that refers to the Legal and regulatory streamlining, Expanding tokenized products, Advancing use cases, and People and partnership development. This solution looks to place Hong Kong as a reputable place of blockchain innovation, but with heavy controls and investor security. First, the streamlining of laws and regulations will ease the regulations of the DA service providers. It involves establishing the situation of licensing on exchanges, stablecoin issuers, dealers, and custodians. The issuance of these licenses will be headed by the Securities and Futures Commission (SFC), whereas the Financial Services and the Treasury Bureau (FSTB) and the Hong Kong Monetary Authority will also review the laws to facilitate the tokenized assets, including digital bonds. The package of this legal reform will facilitate the modernization of such systems as settlement and registration according to tokenization. Secondly, the policy seeks to increase the range of tokenized products. Hong Kong will now formalize tokenized government bonds as well as provide incentives to tokenize real-world assets such as ETFs. The government will also consider tokenizing assets such as gold, solar panels, and non-ferrous metals. This will introduce new dimensions…
Filed under: News - @ June 27, 2025 2:29 am