Overview
- The Hong Kong Monetary Authority unveiled Fintech 2030 at Hong Kong FinTech Week, outlining more than 40 measures across artificial intelligence, tokenisation, data and payments infrastructure, and sector resilience.
- HKMA chief Eddie Yue framed the plan as the third phase after 2017’s digital-bank push and 2021’s practicality focus, with the new phase geared toward future-proofing.
- The tokenisation pillar includes plans to regularise tokenised government bond issuance and to explore tokenising Exchange Fund papers, with industry pilots to incubate real-world use cases.
- HKMA plans to launch Project Ensemble as a pilot to enable settlement of tokenised assets using e‑HKD, tokenised deposits and regulated stablecoins.
- The roadmap also targets cross-border tokenisation work with Brazil and Thailand and bolsters cybersecurity, including movement toward quantum-safe frameworks.