Hong Kong Financial Secretary for Financial Services and the Treasury Christopher Hui said digital assets and financial technology are serving as new growth engines for the city, outlining a set of policy and market-development steps tied to the government’s financial agenda. Speaking at a press conference on financial development measures under Hong Kong’s first five-year plan for economic and social development and the Chief Executive’s 2026 Policy Address, Hui said digital bonds issued in Hong Kong account for about 50% of the global total.
He also said Hong Kong plans to pilot the tokenization of Exchange Fund Bills before the end of 2026. The Central Moneymarkets Unit, or CMU, is set to build a digital asset platform within 2026 to provide one-stop services covering digital bond issuance and settlement. On the regulatory side, the city will work on improving its virtual asset licensing regime and the oversight framework for tokenized investment products, while also promoting trading of regulated stablecoins on licensed platforms and encouraging broader use cases for compliant stablecoins.
Hong Kong Secretary for Financial Services and the Treasury Christopher Hui said digital assets and financial technology are new growth engines for the city at a press conference on financial development measures under Hong Kong’s first five-year plan for economic and social development and the Chief Executive’s 2026 Policy Address.
Hui said digital bonds issued in Hong Kong account for about 50% of the global total.
Exchange Fund Bills tokenization pilot planned before end-2026
According to Hui, Hong Kong will pilot the tokenization of Exchange Fund Bills before the end of 2026. The Central Moneymarkets Unit, or CMU, will also establish a digital asset platform within 2026 to provide one-stop services for digital bond issuance and settlement.
Regulatory and market measures
On regulation and market development, Hong Kong will improve its virtual asset licensing regime, refine the regulatory framework for tokenized investment products, promote trading of regulated stablecoins on licensed platforms, and encourage broader application scenarios for compliant stablecoins.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
