HKMA Chief Eddie Yue: Hong Kong’s Growth Momentum in the Digital Asset Sector Will Continue
According to ChainCatcher, citing JIN10 News, Hong Kong Monetary Authority (HKMA) Chief Executive Eddie Yue stated in an article that as of mid-July 2025, 22 banks have been authorized to sell digital asset-related products, 13 banks have been approved to offer tokenized securities, and another five banks have been permitted to provide digital asset custody services.
In the first half of 2025, the total transaction volume of bank digital asset-related products and tokenized assets reached HKD 26.1 billion, representing a 233% increase compared to the same period last year and already surpassing the total transaction volume for the entire previous year.
Several asset management companies have also announced plans to launch tokenized products, and with the government actively promoting the issuance of tokenized bonds, it is believed that Hong Kong’s growth momentum in the digital asset sector will continue, bringing new impetus to the development of Hong Kong’s wealth management business.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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