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

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France Dernières Nouvelles,France Actualités

Christina Choi, an SFC official, said the regulator is working on more detailed guidance on the tokenization of investment products.

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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France Dernières Nouvelles, France Actualités