Hong Kong pushes for round-the-clock trading of digital assets

Hong Kong has stepped up efforts to bring tokenized investment products into everyday financial services, with regulators seeking closer links between digital money, around-the-clock trading and bank settlement systems. Hong Kong regulators are expanding commercial tokenization following recent launches of around-the-clock financial trading services. Approximately 200 financial industry professionals attended a joint seminar organized by the SFC and HKMA. Hong Kong has authorized continuous secondary trading of selected tokenized money market funds on licensed platforms. The HKMA's EnsembleTX infrastructure now supports round-the-clock interbank settlement of qualifying tokenized deposit transactions. Standard Chartered has introduced tokenized deposit services for corporate customers using Hong Kong's new settlement infrastructure.

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