HK acts to boost fintech

By Xinhua -

Nov 03, 2021 12:05 am

HONG KONG: The Hong Kong Monetary Authority (HKMA) announced on Wednesday two new initiatives to further strengthen Hong Kong's fintech capabilities, building on the momentum of the region's 'Fintech 2025' strategy launched in June.

In terms of Green bond tokenization, the HKMA and the Bank for International Settlements Innovation Hub Hong Kong Center concluded Project Genesis which, among others, concept-tested the issuance of tokenized green bonds to retail investors in Hong Kong.

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