MultiversX Tracker is Live!

Hong Kong Pushes Tokenisation as Regulators Ease Rules on Crypto Assets

Finance Magnates

Cryptocoins News / Finance Magnates 25 Views

Hong Kong will ease rules and introduce a tokenisation pilot scheme to support digital asset trading and investment, government officials said today (Monday). The plan is part of regulatory measures to expand blockchain-based financial products, following other regulators easing rules on tokenisation.

Digital assets meet tradfi in London at the fmls25

Last week, the Australian Securities and Investments Commission issued guidance on how existing financial laws apply to digital assets. The regulator said the clarification aims to strengthen investor protection and provide firms with clearer compliance rules. ASIC confirmed that stablecoins, wrapped tokens, tokenised securities, and digital asset wallets are financial products under current law.

Local Crypto Order Books Gain Flexibility

In Hong Kong, the Securities and Futures Commission will ease restrictions to allow locally licensed virtual asset trading platforms to share global order books with affiliates overseas, SFC Chief Executive Julia Leung said at the Hong Kong Fintech Week conference.

The change removes the rule that required order books to remain within Hong Kong and is intended to improve access to global liquidity.

VATPs Can Offer Newer Tokenised Assets

VATPs will also be allowed to distribute virtual assets and Hong Kong-regulated stablecoins with less than a 12-month track record to professional investors. The revision lowers the previous one-year requirement and supports tokenised products entering the market.

FCA Outlines Plans to Support Tokenised Asset Management

Meanwhile, the UK’s Financial Conduct Authority has released plans to support tokenisation in asset management. The initiative aims to improve efficiency and provide clearer guidance for firms adopting digital technology.

Tokenised products are expected to benefit professional investors primarily, while retail investors may gain indirectly through lower costs and broader access.

The FCA outlined frameworks for operating tokenised fund registers, simplified buying and selling models, and guidance on addressing operational barriers, signaling regulatory readiness for future developments in tokenised asset markets.

This article was written by Tareq Sikder at www.financemagnates.com.
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments