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Hong Kong Shortens Settlement Cycle of Tokenized Green Bonds to T+1, Boosting Trading Efficiency, Says Paul Chan

Summary: In breaking news, Hong Kong Financial Secretary Paul Chan announced that the settlement cycle for tokenized green bonds issued by the government has been shortened from T+5 to T+1, improving the speed of fund transfers and trading efficiency. Digital assets and blockchain technology can reduce friction costs in transactions, enhancing fund transfer speed and trading ...

In breaking news, Hong Kong Financial Secretary Paul Chan announced that the settlement cycle for tokenized green bonds issued by the government has been shortened from T+5 to T+1, improving the speed of fund transfers and trading efficiency. Digital assets and blockchain technology can reduce friction costs in transactions, enhancing fund transfer speed and trading efficiency. It is hoped that tokenization will be widely utilized and integrated with the real economy.

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Link: Hong Kong Shortens Settlement Cycle of Tokenized Green Bonds to T+1, Boosting Trading Efficiency, Says Paul Chan [Copy]

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