Hong Kong to issue guidance on tokenizing stocks ‘in near term'

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Hong Kong to issue guidance on tokenizing stocks ‘in near term'
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Christina Choi, an SFC official, said the regulator is working on more detailed guidance on the tokenization of investment products.

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Christina Choi, an official of Hong Kong’s Securities and Futures Commission, said the regulator is working on more detailed guidance on the tokenization of authorized investment products.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Hong Kong will issue guidance on tokenization of authorized investment products “in the near term,” a financial official said.

“Our current thinking is that in principle, primary dealing of tokenized SFC-authorized products would be more appropriate to be allowed first at this stage in view of the nascent state of development of the [virtual asset services platforms] regime in Hong Kong,” Choi said.

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