The Hong Kong government has released a second major policy statement to digital assets, underlying its commitment to set the region as a global hub for the industry and said it plans to establish a regime regime that places management of risk and phase of investment protection.
The framework will be guarded by the Securities and Futures Commission and will apply to carers, digital asset services, exchanges and stablecoins, The government said Thursday. Public consultations with licensing regimes will start shortly, it said.
Hong Kong is making moves in recent years to boost its position in the industry, and the statement constitutes an earlier Statement from 2022When it said it was “ready to participate” with the participants. In December, It issued licenses to four crypto exchangesand last month passed a law that allowed it License Stablecoin Issuers from August 1.
The financial services and the Treasury Bureau (FSTB) And the Hong Kong Monetary Authority will also review the legal regime in The tokenization of real-world assets (Rwas) and financial instruments, the government said. The review will look at tokenized bond issues and transactions. The government is especially looking at the practical use of tokenization along with how the cases of use are different, Financial Secretary Paul Chan said in a statement.
Worldwide, RWA tokenization has grown 380% in just three years and reached $ 24 billion this month, according to a first-half 2025 report from redstone, gauntlet and Rwa.xyz.
“The government will change the release of tokenised government bonds and to insult RWW to tokenisation to enhance liquidity and access to, among other initiatives, clarifying stamp duty treatment for tokenised exchanges exchanged funds (ETFS)“The government said. It also invites a second trade in the ETF tokenized market to licensed trading platforms.
Countries around the world such as the UK, US, South Korea and Pakistan are establishing their regimes for crypto companies because interest in the sector continues to grow. European Union policies for the industry, the markets in crypto assets (Mica) The law, was published in 2023 and took place last year.
