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Hong Kong Treasury Bureau Xu Zhengyu: Public consultation on digital asset trading and custody service providers is underway and ends at the end of the month

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Hong Kong Treasury Bureau Xu Zhengyu: Public consultation on digital asset trading and custody service providers is underway and ends at the end of the month

According to Foresight News, according to Zhitong Finance, on August 7, Hong Kong Treasury Director Xu Zhengyu said in his speech at the "anchor" Web3.0 Future Summit and RWA Research and Technology Achievements Conference that tokenization, as a hot topic in global financial technology, is profoundly changing the way the financial market operates. Hong Kong has achieved remarkable results in the field of tokenization and has established a global leading position. In terms of optimizing the legal and regulatory framework, the Stablecoin Act has come into effect starting from August 1 this year, providing a clear regulatory framework for stablecoin issuers. Public consultations for digital asset trading service providers and digital asset custody service providers are underway and will end by the end of this month.
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