Hong Kong Monetary Authority Prioritizes Tokenization in 2026 Work Focus, Supports Sustainable and Responsible Development of Digital Assets
Odaily News: The Hong Kong Monetary Authority (HKMA) has released its 2025 work review and 2026 work priorities. It noted that in 2025, regarding digital assets, it provided consumer protection, conducted industry consultation on a proposed framework for handling customer-authorized payment fraud loss claims, and will formally implement the prudential regulatory framework for crypto assets on January 1, 2026. The HKMA's 2026 work priorities will support the sustainable and responsible development of the digital asset industry and advance "Fintech 2030," including: data and payments (comprehensive risk data strategy), artificial intelligence (Generative AI Sandbox++, industry-specific models for finance), and tokenization (regulatory incubator for distributed ledger technology), among others.
