Hong Kong Monetary Authority (HKMA) announces the formation of a Tokenised Bond Expert Group to help address legal and regulatory barriers that have limited the expansion of tokenised bonds beyond pilot projects. The HKMA says the group is designed to support the development of the city’s tokenised-bond framework and to encourage wider participation, including from private issuers.
According to reporting, the expert group brings together 21 institutions across multiple sectors, including banks, law firms, market infrastructure providers, and digital asset firms. The group is intended to support rule development and practical implementation issues as Hong Kong works to move from experimental offerings to broader market use.
One outlet also reports the participation of major financial institutions, including JPMorgan and HSBC, as part of the wider industry representation. Overall, the HKMA’s initiative focuses on aligning regulatory expectations and operational requirements so that tokenised bonds can be issued and traded with clearer legal structure.
