Hong Kong Securities and Futures Commission licensed personnel: The Monetary Authority is studying tokenized deposits through the sandbox for interbank settlement and clearing matters

ChainCatcher news, according to reports from the Hong Kong Economic Journal, licensed person Pang Baolin from the Hong Kong Securities and Futures Commission revealed that the market is looking forward to Hong Kong promoting the interoperability of virtual asset trading and security token offerings (STO). The Hong Kong Monetary Authority has conducted research on tokenized deposits for interbank settlement and clearing through a sandbox, in preparation for future payment testing of digital Hong Kong dollars and stablecoins, as well as to fully prepare for innovative financial market infrastructure and future digitization.