Hong Kong's digital asset framework has been upgraded to 2.0, with stablecoins and RWA being the focus
2025-06-27 13:58:31
The Hong Kong Finance and Treasury Bureau has released the "Hong Kong Digital Asset Development Policy Declaration 2.0", which aims to develop Hong Kong into a global digital asset innovation center. The new framework outlines four key points with "LEAP": optimizing laws and regulations, expanding tokenized products, promoting application scenarios and cross-border cooperation, and promoting talent development. The tokenization of stablecoins and real-world assets has become a policy priority and is expected to revolutionize payments, supply chain management and capital markets. The new framework completes the institutional closure of regulatory certainty, asset penetration and tax competitiveness, marking a new stage of Hong Kong's digital assets towards institutionalization, scale and globalization. (21 Finance)
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