EconomyTokenised gold bar advances Hong Kong’s bid to become a digital and precious-metals hub
Analysts say Hong Kong’s planned interbank tokenised-gold transaction project is a crucial step in its effort to become a global hub for the strategically important metal. Financial Services and the Treasury Secretary Christopher Hui Ching-yu said the city plans to launch a token representing a standard 400-ounce gold bar, referencing HAU, its gold-price ticker introduced earlier this year.
Tokenised gold bar advances Hong Kong’s bid to become a digital and precious-metals hub
Economy