INSUBCONTINENT EXCLUSIVE:
Hong Kong plans to expand its tokenized bond program, as the government prepares a third batch of tokenized green bonds and signals
intentions to make such issuances a regular feature of its debt strategy.Speaking at the Hong Kong Digital Finance Awards 2025, Secretary
of two earlier rounds of tokenized green bonds issued in 2023 and 2024.The bonds were recorded and settled on distributed ledger technology,
according to a Thursday report from Beijing state-owned newspaper Wen wei Po.Hui said authorities aim to normalize tokenized government
To encourage wider adoption, the government is considering tax incentives, including exemptions on stamp duty for transfers of tokenized
exchange-traded funds.Source: Wu BlockchainRelated: Hong Kong to use Chainlink protocol in CBDC pilot projectHong Kong unveils new digital
development.As part of the new framework, the government will implement a licensing regime for stablecoin issuers starting Aug
rules for digital asset trading platforms and custodians, with the consultation period open until the end of August.Hong Kong Exchanges and
The effort aims to attract institutional investors by providing reliable onshore reference prices.Related: Hong Kong to develop crypto
out digital asset derivatives trading aimed at professional investors.The move builds on recent approvals for spot cryptocurrency ETFs,
futures products, and staking services
