[Hong Kong Monetary Authority to launch digital bond funding program] Golden Finance reported that John Lee delivered his third Policy Address today. The Hong Kong Monetary Authority announced that it will launch a "Digital Bond Funding Program" to encourage more financial institutions and issuers to adopt tokenization technology in capital market transactions and promote the development of the digital securities market. In addition, the HKMA also allows potential issuers to test business plans and application scenarios through the stablecoin issuer sandbox, and jointly with the Treasury Bureau to submit a draft bill to regulate legal currency stablecoin issuers this year, actively testing and exploring more technical solutions and scenarios related to cross-border trade settlement on various central bank digital currency cross-border networks, and expanding the participation of public and private institutions.