hkma

According to The Block, Franklin Templeton has launched Hong Kong's first tokenized money market fund, which is registered in Luxembourg and backed by short-term U.S. Treasury bonds, issuing digital tokens representing investors' shares through blockchain technology.This move aligns with the Hong Kong Monetary Authority (HKMA)'s newly announced "Fintech 2030 Strategy," which was introduced by Chief Executive Eddie Yue this week and includes more than 40 measures aimed at integrating artificial intelligence tools, developing a tokenized ecosystem, and enhancing the resilience of the financial sector.

ChainCatcher news, according to Bloomberg citing informed sources, former Hong Kong Monetary Authority Chief Executive Norman Chan has become the leading candidate for the next chairman of the Hong Kong Stock Exchange. It is understood that this discussion has been held internally, and Chan will succeed Laura Cha as the chairman of the Hong Kong Stock Exchange and Clearing Limited at the shareholders' annual general meeting in April next year. However, the next chairman's candidate has not yet been finalized.It is reported that Chan has been a critic of cryptocurrencies, publicly opposing the government's crypto-friendly policy agenda, stating that he would not buy any "even without a balance sheet" digital assets, and comparing cryptocurrency trading to gambling in a casino.

ChainCatcher news, the Chairman of the Hong Kong Legislative Council, Leung Kwan-yin, presented the appointment certificate of the President of the Hong Kong Web3.0 Association to the former Chief Executive of the Monetary Authority, Norman Chan, at the inauguration ceremony of the Hong Kong Web3.0 Association. Academician of the Chinese Academy of Engineering, Chen Chun, Chairman of China Mobile Hong Kong, Li Feng, and the Honorary President of the Internet Professionals Association, Chen Shaojie, serve as Honorary Presidents of the Hong Kong Web3.0 Association. The Vice President of the Hong Kong University of Science and Technology, Wang Yang, serves as the Chief Scientific Advisor, and the former Secretary for Financial Services and the Treasury, Chan Ka-keung, serves as the Chief Financial Advisor. (source link)