Hong Kong Shortens Settlement Cycle for Tokenized Green Bonds

According to BlockBeats, Hong Kong's Secretary for Financial Services and the Treasury, Christopher Hui, announced that the settlement cycle for government-issued tokenized green bonds has been reduced from T+5 to T+1. This change aims to enhance the speed and efficiency of fund transfers and transactions. The use of digital assets and blockchain technology is expected to lower transaction friction costs. The government hopes that tokenization will be widely adopted and integrated with the real economy source: https://www.binance.com/en/square/post/26609466791705?utm_source=BinanceNewsRSS