Hong Kong's government has announced a new regulatory framework for digital assets, aiming to enhance risk management and investor protection as it seeks to establish itself as a global cryptocurrency hub. The Securities and Futures Commission will regulate exchanges, custodians, and stablecoins, while also reviewing the legal framework for tokenizing real-world assets. With significant growth in tokenization, the government plans to encourage secondary market trading of tokenized ETFs and the issuance of tokenized government bonds.

Singapore has introduced new regulations aimed at the cryptocurrency sector, focusing on enhancing investor protection and promoting transparency. These measures are part of the country's broader strategy to establish a secure and robust framework for digital assets while encouraging innovation in the fintech space.