Hong Kong will ease rules and introduce a tokenisation pilot
scheme to support digital asset trading and investment, government officials
said today (Monday). The plan is part of regulatory measures to expand
blockchain-based financial products, following other regulators easing rules on
tokenisation.
Digital
assets meet tradfi in London at the fmls25
Last week, the Australian Securities and Investments
Commission issued guidance
on how existing financial laws apply to digital assets. The regulator said
the clarification aims to strengthen investor protection and provide firms with
clearer compliance rules. ASIC confirmed that stablecoins, wrapped tokens,
tokenised securities, and digital asset wallets are financial products under current
law.
Local Crypto Order Books Gain Flexibility
In Hong Kong, the Securities and Futures Commission will
ease restrictions to allow locally licensed virtual asset trading platforms to
share global order books with affiliates overseas, SFC Chief Executive Julia
Leung said at the Hong Kong Fintech Week conference.
The change removes the rule that required order books to
remain within Hong Kong and is intended to improve access to global liquidity.
VATPs Can Offer Newer Tokenised Assets
VATPs will also be allowed to distribute virtual assets and
Hong Kong-regulated stablecoins with less than a 12-month track record to
professional investors. The revision lowers the previous one-year requirement
and supports tokenised products entering the market.
🇬🇧 NEW: The UK’s FCA has proposed letting fund managers tokenise investment funds. pic.twitter.com/TgayNxi3jp
— Cointelegraph (@Cointelegraph) October 14, 2025
FCA Outlines Plans to Support Tokenised Asset Management
Meanwhile, the UK’s Financial Conduct Authority has released
plans to support
tokenisation in asset management. The initiative aims to improve efficiency
and provide clearer guidance for firms adopting digital technology.
Tokenised products are expected to benefit professional
investors primarily, while retail investors may gain indirectly through lower
costs and broader access.
The FCA outlined frameworks for operating tokenised fund
registers, simplified buying and selling models, and guidance on addressing
operational barriers, signaling regulatory readiness for future developments in
tokenised asset markets.
This article was written by Tareq Sikder at www.financemagnates.com.
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