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PwC Suggests Hong Kong Establish Blockchain Native Asset Registration System to Promote Asset Tokenization

Summary: According to Securities Times, the Hong Kong SAR government is currently conducting public consultations for the 2025 Policy Address. PwC recently held a press conference to share policy recommendations, suggesting that Hong Kong accelerate digital asset-related strategies. PwC believes Hong Kong has the potential to position itself as a digital-first asset and wealth management center. ...

According to Securities Times, the Hong Kong SAR government is currently conducting public consultations for the 2025 Policy Address. PwC recently held a press conference to share policy recommendations, suggesting that Hong Kong accelerate digital asset-related strategies. PwC believes Hong Kong has the potential to position itself as a digital-first asset and wealth management center. They propose establishing a blockchain native asset registration system to promote asset tokenization, as well as creating a digital asset issuance and transfer registration mechanism for land, intellectual property, and equity investments to simplify processes and shorten transaction times.

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