Hong Kong is considering promoting gold tokenization

ChainCatcher news, the Secretary for Financial Services and the Treasury of the Hong Kong Special Administrative Region, Hui Ching-yu, stated at the Consensus conference that Hong Kong is considering promoting gold tokenization, combining physical gold with blockchain technology to provide investors with greater flexibility and enhanced security, hoping to innovate the financial market through tokenization; Hong Kong is also promoting digital finance to participate in the real economy, such as supporting cross-border payments; another trend is the integration of artificial intelligence with blockchain and Web3 technologies to strengthen digital infrastructure development.