【Hong Kong Securities and Futures Commission CEO Ashley Alder: Plans to Explore the Use of Tokenized Deposits to Participate in Bond and Fund Subscriptions】Golden Finance reports that Ashley Alder, CEO of the Hong Kong Securities and Futures Commission, stated at the Wealth Management Summit that after the further expansion of the sales network for local funds in mainland China through the Cross-border Wealth Management Connect and ETF Connect, there may be further relaxation of the mutual recognition arrangements for mainland and Hong Kong funds before the end of the year. She also emphasized that regulating virtual assets is about regulating products rather than technology, and the most important thing is to ensure investor protection and whether safety is adequate. The Securities and Futures Commission is working closely with the Hong Kong Monetary Authority to explore the use of tokenized deposits in bond and fund subscriptions through a pilot program.