← Back to the regulatory library

Verified restriction · key points (not the full text)

FSC policy roadmap on digital transformation and tokenization of securities issuance and circulation (2026)

Authority: Financial Services CommissionFirst published: View the official source

Document text

Verified restriction: key points stated in the official source

Three-phase tokenisation plan starting February 2027

First phase covers institutional MMFs, bonds and unlisted stocks through trust structures

Final stage envisages on-chain payments infrastructure linked to stablecoins

Independent source key points; not an official full text or licensed full translation.

Because the source’s reuse terms do not authorise commercial full-text republication, this page presents key points independently compiled by Man Kun. It is not the official full text or a complete translation. Please consult the official source for the complete document and its annexes.

Key cautions

  • Three-phase tokenisation plan starting February 2027
  • First phase covers institutional MMFs, bonds and unlisted stocks through trust structures
  • Final stage envisages on-chain payments infrastructure linked to stablecoins

Sources