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Hong Kong issues regulatory standards for tokenized financial products - CryptoSlate

Retrieved on: 2024-02-20 19:54:23

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Hong Kong issues regulatory standards for tokenized financial products - CryptoSlate. View article details on HISWAI: https://cryptoslate.com/hong-kong-issues-regulatory-standards-for-tokenized-financial-products/

Summary

The HKMA has set regulatory standards for the sale of tokenized financial products, incorporating Web3 technology like distributed ledgers, focusing on consumer protection, risk management, and due diligence in Hong Kong's financial sector.

Article found on: cryptoslate.com

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