Hong Kong Monetary Authority launches bond token task force

The Hong Kong Monetary Authority (HKMA) has announced the launch of a task force focused on bond tokenization. The group will be composed of industry representatives with relevant experience, including industry associations, financial institutions, legal advisory firms, and providers of financial infrastructure and technology. According to the announcement, the task force will build on the authority's previous work in bond tokenization to jointly explore policy measures, market practices, and potential solutions.