Hong Kong Bets Big on Tokenization: New Stablecoin Laws & Digital Bond Plans

Hong Kong is pushing deeper into blockchain adoption with fresh regulations for stablecoins and plans to scale tokenized assets. The “LEAP” strategy—unveiled Thursday—aims to solidify the city’s status as a crypto innovation hub.

Key moves:
🔹 Stablecoin licensing begins August 1
🔹 Tokenized bonds & ETFs to trade on licensed platforms
🔹 RWA expansion into gold, solar, and more
🔹 Cyberport funding for standout blockchain projects

The government framed the policy as a bridge between digital assets and tangible economic value.