Hong Kong To Issue World’s First Tokenized Green Bonds by Year’s End

Hong Kong’s financial authorities announced that they would issue the world’s first tokenized government green bonds by the end of the year.

The collapse of FTX has spurred the efforts of Hong Kong authorities to regulate crypto.

Bloomberg also reports that Hong Kong plans to legalize retail crypto trading.

Hong Kong will issue what is the world’s first tokenized government green bonds by the end of the year. Reports also state that the region will legalize retail crypto trading.

Hong Kong’s financial authorities are committing to better regulate the crypto market, issuing a policy statement on the matter. In the official notice, the financial secretary also revealed several pilot programs. The most notable of these was the issuance of a new batch of tokenized green bonds for institutional investors.