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Hong Kong Monetary Authority Proposes Strategic Framework: Gradually Enhancing Support for Tokenization Operations Over 5-10 Years
Summary: In a recent announcement, the Hong Kong Monetary Authority released a conceptual report titled 'Hong Kong Capital Market Navigator: Super-Connector - Global Capital Hub in the Digital Era,' proposing a strategic framework with clear timelines to expand tokenized assets in an orderly manner. The mid-term direction over 2-5 years includes developing tokenized real assets and ...
In a recent announcement, the Hong Kong Monetary Authority released a conceptual report titled 'Hong Kong Capital Market Navigator: Super-Connector - Global Capital Hub in the Digital Era,' proposing a strategic framework with clear timelines to expand tokenized assets in an orderly manner. The mid-term direction over 2-5 years includes developing tokenized real assets and other tools, while the long-term vision over 5-10 years aims to gradually enhance support for tokenization operations post-issuance and trading, as well as promoting coordination and standardization of data and compliance standards on a larger scale to further improve trading efficiency and market transparency. Additionally, there will be an acceleration in the development of digital financial infrastructure, including tokenization platforms, smart contract applications, and near real-time settlement systems, positioning Hong Kong as a pioneer and exemplar in the new generation of capital market solutions.
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Link: Hong Kong Monetary Authority Proposes Strategic Framework: Gradually Enhancing Support for Tokenization Operations Over 5-10 Years [Copy]
