🚀 Hong Kong's central bank is rolling out the red carpet for tokenized bonds! The HKMA's Digital Bond Grant Scheme (DBGS) is set to cover up to 50% of eligible expenses for digital bond issuances, with a cap of $321,184. It's like a buy-one-get-one-free deal, but for bonds! 🎉
The scheme, part of Project Evergreen, aims to boost the digital securities market. Meanwhile, Hong Kong is also considering tax exemptions for crypto gains to solidify its crypto hub status. Plus, ZA Bank now lets users trade Bitcoin and Ether with fiat. Hong Kong is clearly on a blockchain binge!