The Hong Kong Securities and Futures Commission will change its view on security tokens and may have the opportunity to open up to retail investors.

BlockBeats reported on July 6th that the Director of the Financial Technology Group of the Securities and Futures Commission (SFC) in Hong Kong, Edmond Lau, stated in an interview with blockchain analytics company Elliptic that the SFC will soon issue an updated notice to change its view on securities token offerings (STOs) from four years ago in 2019. Securities tokens or real-world assets (RWAs) will not be defined as complex products and will have the opportunity to be offered to retail investors. Additionally, RWAs will be regulated based on underlying assets, such as if a tokenized asset is a bond, it will be regulated in the form of a bond.