Tokenization takes prime role in Hong Kong’s Fintech 2030 strategy
Hong Kong's Fintech 2030 strategy centers on tokenization, including RWAs and e-HKD integration, across four pillars: DART.Summary
The Hong Kong Monetary Authority (HKMA) has unveiled its Fintech 2030 strategy, focusing on four strategic pillars—Data, Artificial Intelligence, Resilience, and Tokenization (DART)—encompassing 40 initiatives over the next five years. A primary focus is accelerating the tokenization of real-world assets (RWAs), with the HKMA setting an example by regularizing the issuance of tokenized government bonds and exploring tokenizing Exchange Fund papers. This tokenization push will be supported by new forms of digital money, including the forthcoming e-HKD stablecoin, tokenized deposits, and regulated stablecoins, which were successfully piloted for settling tokenized assets. Furthermore, the HKMA plans to collaborate with industry partners on Project Ensemble to test these tokenization plans. The strategy also emphasizes integrating Artificial Intelligence (AI) into the financial system to enhance accessibility, responsiveness, and customization of banking services while maintaining public trust.
(Source：Cointelegraph)