Hong Kong SFC Introduces New Digital Asset Licensing Regime, Plans Regulatory Framework for Tokenized Gold and RWAs
- The SFC is introducing a new licensing system specifically for digital asset activities and service providers.
- The regulator plans to draft rules addressing tokenized gold as a distinct asset category.
- The framework will also extend to broader real-world asset (RWA) tokenization, part of Hong Kong's push to formalize digital asset regulation.