🇭🇰 Hong Kong accelerates asset tokenization and cryptocurrency licensing.
The Hong Kong government has published Policy Statement 2.0 — an updated strategy for digital assets.
Key measures:
✧ Unified licensing system:
⊹ For exchanges, custodians, dealers, and stablecoin issuers.
⊹ Main regulator — SFC (Securities and Futures Commission).
✧ Tokenization of real-world assets (RWA):
⊹ Government bonds, precious metals, green energy.
⊹ Focus on liquidity and accessibility.
⊹ Clarification of taxes on tokenized ETFs.
⊹ Support for the secondary token market.
✧ Infrastructure and collaboration:
⊹ Interaction with law enforcement and tech companies.
⊹ Soon — public consultations on licenses.
On August 1, the licensing regime for stablecoin issuers comes into effect.
The goal is to make Hong Kong a leading crypto hub and an offshore center for the digital yuan.