{"id":828,"date":"2023-11-09T17:38:00","date_gmt":"2023-11-09T09:38:00","guid":{"rendered":"https:\/\/insights.digift.io\/?p=828"},"modified":"2025-08-15T16:46:45","modified_gmt":"2025-08-15T08:46:45","slug":"hong-kong-will-allow-some-tokenized-securities-related-activities-u-s-banking-watchdog-hsu-says-tokenization-promising-but-crypto-full-of-fraud","status":"publish","type":"post","link":"https:\/\/insights.digift.io\/zh\/hong-kong-will-allow-some-tokenized-securities-related-activities-u-s-banking-watchdog-hsu-says-tokenization-promising-but-crypto-full-of-fraud\/","title":{"rendered":"Hong Kong will allow some tokenized securities-related activities; U.S. banking watchdog Hsu says tokenization promising, but crypto full of fraud"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Weekly&nbsp;<\/strong><strong>Update: 09 November 2023<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">1) Hong Kong will allow some tokenized securities-related activities&nbsp;<a href=\"https:\/\/www.coindesk.com\/policy\/2023\/11\/02\/hong-kong-will-allow-some-tokenized-securities-related-activities\/\">[CoinDesk]<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211; Hong Kong&#8217;s SFC allows primary dealing of tokenized investments, strengthening the city&#8217;s virtual asset hub status with new regulations and granted crypto trading licenses.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">2) U.S. banking watchdog Hsu says tokenization promising, but crypto full of fraud&nbsp;<a href=\"https:\/\/www.coindesk.com\/policy\/2023\/11\/07\/us-banking-watchdog-hsu-says-tokenization-promising-but-crypto-full-of-fraud\/\">[CoinDesk]<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211; Michael Hsu, the acting chief of the U.S Office of the Comptroller of the Currency that oversees banks, is excited about the possibilities of tokenization to solve settlement problems.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">3) Hong Kong now considering spot crypto ETFs for retail investors: Bloomberg&nbsp;<a href=\"https:\/\/www.coindesk.com\/policy\/2023\/11\/06\/hong-kong-now-considering-spot-crypto-etfs-for-retail-investors-bloomberg\/\">[CoinDesk]<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211; The move comes a month after authorities in the City updated financial regulations to allow for retail investors to buy spot crypto ETFs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">4) HSBC adds fuel to tokenization fire with gold-focused offering&nbsp;<a href=\"https:\/\/cointelegraph.com\/news\/invesco-galaxy-spot-bitcoin-etf-added-to-dtcc-website\">[Blockworks]<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211; London-based financial giant \u201cseeing appetite for tokenization solutions that can maintain a link to specific real-world use cases,\u201d executive says.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">5) Klaytn plans to explore ship-asset tokenization with Korindo, NEOPIN&nbsp;<a href=\"https:\/\/www.theblock.co\/post\/261933\/klaytn-plans-to-explore-ship-asset-tokenization-with-korindo-neopin\">[The Block]<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211; The Kakao-backed Layer 1 blockchain network plans to explore tokenization practices with a shipping unit of Korindo, an Indonesian conglomerate.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">6) ProShares launches first short ether futures ETF for bearish traders&nbsp;<a href=\"https:\/\/www.theblock.co\/post\/260698\/proshares-launches-first-short-ether-futures-etf-for-bearish-traders\">[The Block]<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211; ProShares debuts SETH, the first short ether-linked futures ETF, allowing traders to profit from falling ether prices and expanding their crypto ETF portfolio.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">7) Unlocking London high-end real estate: CitaDAO completes 5 West Halkin Street tokenisation&nbsp;<a href=\"https:\/\/www.newswire.com\/news\/unlocking-london-high-end-real-estate-citadao-completes-5-west-22157051\">[Newswire]<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211; CitaDAO tokenizes prestigious London property, 5 West Halkin Street, for US$4,284,000, showcasing blockchain&#8217;s potential in real estate and solidifying its leading position in the sector.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">8) U.S. Treasuries Spearhead Tokenization Boom<a href=\"https:\/\/www.coindesk.com\/consensus-magazine\/2023\/11\/06\/us-treasuries-spearhead-tokenization-boom\/\">&nbsp;[CoinDesk]<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211; Driven by favorable macro conditions and increased willingness among traders to dive into real-world assets, the market for tokenized debt is flying.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hong Kong now considering spot crypto ETFs for retail investors: Bloomberg<\/p>","protected":false},"author":256897717,"featured_media":2386,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_angie_page":false,"_oasis_is_in_workflow":0,"_oasis_original":0,"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"page_builder":"","_wpcom_ai_launchpad_first_post":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false,"_links_to":"","_links_to_target":""},"categories":[132582],"tags":[],"class_list":["post-828","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-decoded"],"acf":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/insights.digift.io\/wp-content\/uploads\/2023\/11\/DigiFT-Weekly-3-Nov.jpg?fit=1173%2C620&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/pg7Ide-dm","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/posts\/828","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/users\/256897717"}],"replies":[{"embeddable":true,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/comments?post=828"}],"version-history":[{"count":1,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/posts\/828\/revisions"}],"predecessor-version":[{"id":829,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/posts\/828\/revisions\/829"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/media\/2386"}],"wp:attachment":[{"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/media?parent=828"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/categories?post=828"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/tags?post=828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}