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Hong Kong Sets Out Plan to Regulate Crypto, Encourage Tokenization

  • On June 27, 2025, the HKSAR government issued Policy Statement 2.0 in Hong Kong to reinforce its role as a global hub for digital asset innovation.
  • This release follows Hong Kong’s May law enabling stablecoin issuer licensing, with the regime set to take effect on August 1, reflecting global moves including the US Genius Act last week.
  • The policy introduces the LEAP framework focusing on legal clarity, expanding tokenized products, advancing use cases, and fostering partnerships to boost tokenization of real-world assets and government bonds.
  • The government stated these efforts aim to enhance market liquidity, accessibility, and investor protection while integrating digital assets with the real economy, with tokenization now reaching $24 billion globally this month.
  • These initiatives position Hong Kong to lead digital asset development by creating a unified regulatory framework, promoting innovation, and strengthening international cooperation and talent development.
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4imag.com broke the news in on Thursday, June 26, 2025.
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