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Hong Kong regulator eyes tokenization for bond market improvement: Report

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Hong Kong regulator eyes tokenization for bond market improvement: Report

The Hong Kong Monetary Authority (HKMA) released a report on Aug. 25 detailing the findings of its Project Evergreen study, which analyzed the market impact of bond tokenization.

In a 24-page overview, the Hong Kong regulator laid out use cases, benefits and any challenges faced during the study. The concluding sentiment was that tokenization provides improvement for the bond market.

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