The Hong Kong government is one of the governments outside of the United States that is beginning to appreciate the value of the underlying technology as the crypto sector there comes under new regulatory pressures. In fact, the Hong Kong government claimed that it successfully sold HK$800 million (about US$102 million) worth of tokenized green bonds at a yield of 4.05%, making it the first government-issued green bond in history might.
Hong Kong launches the first $100 million tokenized green bond in history
SourceFinbold
DISCLAIMER
As per the principles outlined by the Trust Project, Cryptozia remains dedicated to delivering impartial and transparent reporting. This news article is intended to offer precise and punctual information. Nevertheless, it is recommended that readers autonomously corroborate the facts and seek advice from a qualified expert prior to making any decisions reliant on this content.