The Hong Kong Monetary Authority has established a Tokenised Bond Expert Group with 21 institutions to revise regulations for blockchain-based bonds.
The group held its first discussions in May on Hong Kong’s legal and regulatory framework for tokenised bond issuance and trading. The effort aims to expand such issuance beyond initial government pilots. Institutions involved include banks, law firms and crypto entities. The Hong Kong Monetary Authority announced the setup of the collective on June 5.
