Techub News reported that according to Cointelegraph, the Hong Kong Monetary Authority (HKMA) has launched a plan to subsidize part of the cost of issuing tokenized bonds to encourage greater adoption of tokenization in its capital markets. According to the November 28 statement and its accompanying guidelines, the Hong Kong Monetary Authority's Digital Bond Subsidy Scheme (DBGS) will provide up to 50% of "qualified expenses" subsidies for each eligible digital bond issuance, but the maximum amount shall not exceed a certain amount.