ME News report, December 19 (UTC+8), Hong Kong's Deputy Secretary for Financial Services and the Treasury, Chen Haolian, stated at the "Web5 Ecosystem" summit on December 18 that government departments are studying the legal regulatory framework for the issuance and trading of tokenized bonds, exploring optimization measures to promote the adoption of tokenization technology in Hong Kong's bond market, and enriching the variety of products in Hong Kong's tokenization and digital asset sectors. In addition, the Hong Kong Monetary Authority is implementing a digital currency project, including promoting commercial banks to offer tokenized deposits and facilitating the trading of real tokenized assets. (Source: ME)