The Hong Kong Monetary Authority (HKMA) recently launched an exciting program to promote the use of tokenization technology in the capital market! 🎉 According to a statement on November 28, HKMA's Digital Bond Subsidy Scheme (DBGS) will provide up to 50% fee subsidies for eligible digital bond issuances to support the issuance of tokenized bonds. 💰
The launch of this program marks Hong Kong's positive attitude in global blockchain regulation and industry trends, showing its firm support for the development of the digital securities market. Although the overall market attitude is neutral, Bitcoin, as the leader of cryptocurrencies, is still worth our optimistic expectations! 🚀