Leung Fung-yee: Hong Kong plans to explore the use of tokenized deposits to participate in bond and fund subscriptions
This article is machine translated
Show original
The Hong Kong Securities and Futures Commission (SFC) Chief Executive Officer, Ashley Alder, emphasized that the regulation of virtual assets is about regulating the product, not the technology. The most important thing is to ensure that investors are protected and that there is sufficient security. The SFC is working closely with the Hong Kong Monetary Authority to explore the use of tokenized deposits for bond and fund subscriptions through a pilot program.
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content