Hong Kong taps banks, lawyers and crypto firms to help rewrite rules for tokenised bonds

Hong Kong’s de facto central bank has formed a group of industry experts to help remove legal and regulatory hurdles to tokenized bonds, as authorities seek to…

In breve

Hong Kong is working with banks, lawyers, and crypto firms to create new rules for tokenised bonds.

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• Hong Kong taps banks, lawyers and crypto firms to help rewrite rules for tokenised bonds

Contesto

Hong Kong taps banks, lawyers and crypto firms to help rewrite rules for tokenised bonds Hong Kong’s de facto central bank has formed a group of industry experts to help remove legal and regulatory hurdles to tokenized bonds, as authorities seek to move beyond pilot projects and encourage wider adoption from private issuers. The Hong Kong Monetary Authority (HKMA) said on Friday it had established a Tokenised Bond Expert Group comprising 21 institutions spanning banks, law firms, market infrastructure providers and digital asset companies to support the development of the city’s... According to the collected source material from www.scmp.com, Hong Kong’s de facto central bank has formed a group of industry experts to help remove legal and regulatory hurdles to tokenized bonds, as authorities seek to move beyond pilot projects and encourage wider adoption from private issuers. The Hong…

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Confidenza: 82/100

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Cosa resta incerto

• rules for tokenised bonds

Categoria: cronaca
Entità: Hong, Kong