Hong Kong Legislative Council Member: We can share experience with the Mainland in virtual asset regulation and tokenized bonds

Odaily News At the Third Plenary Session of the 20th Central Committee, Hong Kong financial sector legislator Chan Chun-ying said that the new quality productivity of Hong Kongs financial industry is currently developing mainly along the two main themes of digital and green. In terms of virtual assets, Hong Kong regulators should establish relevant trading platforms, stablecoins and other licensing, testing and operation mechanisms, capture digital development trends, and share relevant regulatory experience with the mainland. At the same time, Hong Kongs tokenized bond development leads the world, and the issuance and trading system of related products can be shared with the mainland, or more mainland companies can be guided to issue them to meet the needs of the international market.