
PANews May 1 news, the Hong Kong Monetary Authority released a briefing document for the Legislative Council's Financial Affairs Committee, which revealed that a central settlement system for debt instruments in Hong Kong is planning to establish a digital asset platform. It is understood that the Hong Kong Monetary Authority, responsible for operating the Central Maturity Unit (CMU) for debt instruments, plans to establish this platform by 2026 to support the issuance and settlement of digital bonds, and will gradually expand to other digital assets, as well as connect with other tokenized platforms in the region. In addition, the Central Maturity Unit also plans to launch a new platform in 2027 to enhance the system's processing capacity and provide more comprehensive collateral management functions and liquidity management.
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