Hong Kong plans to improve the framework for issuing and tokenizing virtual assets, and promote the online trading of regulated stablecoins Odaily Planet Daily News: The Chief Executive's 2026 Policy Address in Hong Kong proposes that the Securities and Futures Commission improve the virtual asset licensing system and formulate regulatory guidelines to clarify the compliance path of virtual asset service providers; At the same time, we will improve the regulatory framework for tokenized investment products, promote the issuance, trading, and launch of innovative products for gold and other suitable real-world asset tokenization products on licensed platforms. The Hong Kong Monetary Authority will explore more applications of tokenized deposits, collaborate with mainland China to study trade financing use cases, and complete pilot transactions by the end of this year; We plan to complete the operational arrangements for Ensemble's central bank digital currency 7 × 24 around the end of this year. The Hong Kong Stock Exchange plans to collaborate with designated banks to launch a pilot program for tokenized warehouse receipt financing within 2027. Its blockchain multi asset tokenization platform has been included in the Core Climate listed carbon credit and is planned to be included in the LME approved warehouse bulk commodity warehouse receipt pilot program next year.