TechFlow news, November 13 — According to the 21st Century Business Herald, former chairman of the Hong Kong Securities and Futures Commission, Lawrence Liang, said in an exclusive interview that Nasdaq has begun testing tokenized stock trading and using stablecoins (such as USDC) for settlement. Tokens are not a new concept; stocks are essentially a form of token. If stocks are transformed into digital tokens on a blockchain, all operations can be completed within one system, enabling instant settlement. By combining asset tokenization with central bank digital currencies, the entire market operation model can be reshaped. For Hong Kong to build such a new capital market based on asset tokenization, it needs to overcome challenges in three areas: technological infrastructure, regulatory frameworks, and market acceptance.
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / support@techflowpost.com ICP License: 琼ICP备2022009338号
