The Securities and Futures Commission of Hong Kong has announced a five-year plan to introduce a digital asset licensing system in the short term, and to promote digital asset custody supervision, CrypTech market supervision, and anti money laundering capacity building. In the medium to long term, a regulatory framework will be developed for tokenized investment products, covering tokenized gold and RWA. The Securities and Futures Commission of Hong Kong will support the establishment of a central clearing and settlement system for gold by the Hong Kong Special Administrative Region government, and develop gold and commodity products denominated in RMB.
