On June 26, the Hong Kong SAR Government issued the 'Hong Kong Digital Asset Development Policy Declaration 2.0', reaffirming the Government's commitment to making Hong Kong a global innovation center in the field of digital assets. The new policy declaration builds on the initiatives proposed in the first policy declaration issued in October 2022, indicating that the Hong Kong SAR Government is constructing a unified and comprehensive regulatory framework for digital asset service providers, covering digital asset trading platforms, stablecoin issuers, digital asset trading service providers, and digital asset custodial service providers. The Hong Kong SAR Government will regularize the issuance of tokenized government bonds and provide incentives for the tokenization of real-world assets (including clarifying the stamp duty arrangements applicable to exchange-traded funds for tokenized transactions) to enhance liquidity and accessibility. Financial Secretary Paul Chan stated: 'Digital assets are an important and highly promising part of fintech. Through blockchain technology, we empower more efficient and lower-cost financial transactions, making financial services more inclusive and accessible.' $BNB