A licensed person from the Hong Kong Securities and Futures Commission said that the HKMA is studying matters such as the delivery and settlement of
According to licensed personnel from the Hong Kong Securities and Futures Commission, Pang Baolin, Hong Kong is not only an international financial center but also one of the national financial centers. It has always attached great importance to and tried its best to support the financial system in Hong Kong, hoping to assist the development of finance and economy on the mainland, with digitalization being one of the important links. The market expects Hong Kong to promote interoperability for virtual asset trading, physical tokenization (STO), and other initiatives. It is reported that the Hong Kong Monetary Authority has studied the tokenization of deposits for interbank settlement and clearing through sandboxes, preparing for future digitalization of the Hong Kong dollar and stablecoins for payment testing, and making full preparations for innovative financial market infrastructure and future digitalization.
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