The Hong Kong Government has published its second major policy statement on digital assets, highlighting its commitment to establish the region as a world industry center and claiming that it plans to establish a regulatory regime that puts risk management and investor protection.
The framework will be supervised by the Securities and Futures Commission and will apply to guards, providers of digital assets, exchanges and stablecoins, the government announced on Thursday. Public consultations on license regimes begin shortly, he said.
Hong Kong has made movements in recent years to strengthen its position in the industry, and the declaration is based on a previous declaration from 2022, when it said that it was “ready to engage” with the participants. In December, he granted licenses to four Crypto exchanges, and last month, adopted a law allowing him to concede to the issuers of Stablecoin from August 1.
Financial services and the Treasury Bureau (FSTB) and the monetary authority of Hong Kong will also examine the legal regime on The tokenization of active active worlds (Rwas) And financial instruments said the government. The examination will examine the tokenized bond emissions and transactions. The government is particularly examining the practical use of tokenization more how to diversify use cases, said financial secretary Paul Chan in the press release.
Around the world, RWA tokenization has increased by 380% in just three years and reached $ 24 billion this month, according to a report from the first half in 2025 of Redstone, Gauntlet and Rwa.xyz.
“The government will regularize the issue of tokenized government bonds and will encourage Rwas tokenization to improve liquidity and accessibility through, among other initiatives, clarifying the treatment of the buffer for the funds exchanged in tokenized tokenized (ETF)“Said the government. It also welcomes the secondary market for these FNB tokenized on approved trading platforms.
Nations around the world such as the United Kingdom, the United States, South Korea and Pakistan establish their regimes for cryptographic companies while the interest of the sector continues to grow. European Union rules for industry, cryptographic asset markets (Mica) The legislation was published in 2023 and entered into force last year.
