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Hong Kong Media: The Securities Regulatory Commission has recently made clear its stance on the issuance of Security Token Offerings (STO) and RWA investments, which may be open to retail investors

Hong Kong Media: The Securities Regulatory Commission has recently made clear its stance on the issuance of Security Token Offerings (STO) and RWA investments, which may be open to retail investors

Bitget2024/05/27 02:17

According to Wen Wei Po, since the release of "Policy Statement on Hong Kong's Virtual Asset Development" in October 2022, the government has frequently introduced new policies. For example, after Bitcoin and Ethereum spot ETFs made their historic debut in the local market this April, Hong Kong is not willing to lag behind in the Real World Assets (RWA) investment market. The Securities and Futures Commission has recently clearly stated that Security Token Offerings (STO) and RWA investments may be open to retail investors, further expanding the virtual asset market and attracting more capital and fintech talents into Hong Kong.

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