Hong Kong’s fintech ambitions keep lawyers busy on policymaking and deals

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Financial Times 15h ago

Hong Kong’s fintech ambitions keep lawyers busy on policymaking and deals - Financial Times

Quick Summary:

At Linklaters, Liew foresees plenty of further innovation in products to meet investor interest and to keep up the pace.“I am having conversations on a daily basis [with] people who want to [tokenise] not just financial assets,” he explains.“We have seen art, real properties, we have seen trees, people talk about tokenising receivables, or tokenising certificates of deposit, [foreign exchange], or other derivatives transactions.

Lawyers also note that Hong Kong’s regulators remain protective of retail investors who may be tempted by highly volatile cryptocurrencies and other digital assets.

A lot is happening,” says Chin-Chong Liew, a Hong Kong-based capital markets partner at law firm Linklaters, who has advised clients on digital assets and tokenisation.“Regulators are looking at this and trying to facilitate growth.