HONG KONG/SINGAPORE -- Hong Kong says it will allow tokenization of securities and regulated funds as it attempts to bolster its standing as a global virtual asset hub.
Cryptocurrencies
Hong Kong greenlights tokenized securities in further digital push
Regulators demand is there for blockchain-based trading of real-world assets
Hong Kong's Securities and Futures Commission is allowing regulated intermediaries to issue tokenized securities -- "blockchain-based tokens that represent or aim to represent ownership in an investment product." © AFP/Jiji
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