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Hong Kong Treasury Department: Preparing to Issue Third Batch of Token Bonds and Promote Tokenization of Precious Metals and Other Assets and Financial Instruments
Summary: In breaking news, Hong Kong Treasury Department Director Xu Zhengyu stated that Hong Kong has issued green bonds twice in tokenized form in 2023 and 2025, with preparations underway for the third batch of token bonds. Hong Kong will standardize the issuance of tokenized government bonds in the future and provide incentives for tokenizing real-world ...
In breaking news, Hong Kong Treasury Department Director Xu Zhengyu stated that Hong Kong has issued green bonds twice in tokenized form in 2023 and 2025, with preparations underway for the third batch of token bonds. Hong Kong will standardize the issuance of tokenized government bonds in the future and provide incentives for tokenizing real-world assets, such as exempting tokenized exchange-traded funds (ETFs) from stamp duty upon transfer. Additionally, Hong Kong will promote broader tokenization of assets and financial instruments, showcasing the diverse applications of tokenization technology in various fields, including precious metals, base metals, and renewable energy sources (such as solar panels). (Hong Kong Wen Wei Po)
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Link: Hong Kong Treasury Department: Preparing to Issue Third Batch of Token Bonds and Promote Tokenization of Precious Metals and Other Assets and Financial Instruments [Copy]
