TechFlow, November 21 — According to a Hong Kong government press release, Financial Secretary Paul Chan stated that efforts are underway to jointly study the applicability of existing legislation to tokenized bonds, aiming to promote the adoption of tokenization technology in Hong Kong's bond market, with details to be announced in the first half of next year. Paul Chan noted that the recently issued third batch of tokenized green bonds introduced an option for settlement using tokenized central bank currencies in both RMB and HKD, marking among the world's first digital bonds to apply these two tokenized central bank currencies in the settlement process.
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