Hong Kong Monetary Authority Launches Expert Group with JPMorgan and HSBC to Scale Tokenized Bonds

According to the Hong Kong Monetary Authority, the de facto central bank formed an expert group Friday to drive the development of tokenized bonds. The group includes JPMorgan Securities, HSBC, Standard Chartered Bank, UBS, Ant Digital, and HashKey Group, among others. The HKMA said the group will examine policy measures, market practices, and innovations to achieve further adoption and scalability of tokenized bonds. The expert group held its first discussions in May, focusing on Hong Kong's legal and regulatory framework for tokenized bond issuance and transactions.
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