Hong Kong Regulators to Guide Tokenization of Investment Products!

The post Hong Kong Regulators to Guide Tokenization of Investment Products! appeared first on Coinpedia Fintech News

The Hong Kong Securities and Futures Commission (SFC) is set to release more specific guidelines on the tokenization of its authorized investment products in the coming weeks. While primary trading is permitted, the SFC is urging caution when it comes to secondary trading on the platform. The move comes as more and more firms are exploring the potential of blockchain to facilitate trading of traditional financial products such as stocks and bonds. The SFC hopes that by providing clearer guidance, it will pave the way for greater use of the technology while also protecting investors.