Thai SEC Consults on Crypto Lending and Staking BAN
10 March 2023
UK Consults on Financial Services Regulatory Regime for Cryptoassets
01 February 2023
Thailand Plans to Allow First Virtual Banks by 2025
20 January 2023
Italy Approves 26% Capital Gains Tax on Cryptocurrencies
13 January 2023
UK to Restrict Crypto Services From Abroad
12 December 2022
Brazil Approves Crypto AS a Legal Payment Method
30 November 2022
Hong Kong Legco delays timetable of Hong Kong VASP regime and SFC Statement on crypto investing risks
Download PDF | Download Word The Anti-Money Laundering and Counter-Terrorist Financing (Amendment) Bill 2022, which introduces a new licensing regime for Hong Kong Virtual Asset Service Providers (HK VASPs), was passed by Hong Kong Legislative Council on 7 December...
Hong Kong Licensing Regime for Virtual Asset Exchanges to Take Effect on 1 March 2023 (July 2022)
Any person operating a VA exchange in Hong Kong will need to apply for a VASP licence or cease operations in Hong Kong. The Amendment Bill contains transitional provisions for operators of VA exchanges carrying on business in Hong Kong before 1 March 2023
HKMA Issues Proposals for Regulating Payment-related Stablecoins (January 2022)
The Hong Kong Monetary Authority (the HKMA) proposes to establish a regulatory framework for entities conducting activities in relation to payment-related stablecoins in Hong Kong, seeking public and industry feedback on its proposed regulatory approach.
SFC and HKMA Issue Joint Circular on Intermediaries’ VA-related Activities (January 2022)
The Securities and Futures Commission (the SFC) and the Hong Kong Monetary Authority (the HKMA) issued updated guidance for intermediaries distributing virtual asset-related products and/or offering virtual asset dealing or advisory services. The HKMA and the Hong Kong Insurance Authority have also published separate circulars on regulatory approaches in relation to virtual assets and virtual asset service providers.
SFC Issues Regulations for Licensed Crypto Exchanges
The SFC’s new regulations for licensed crypto exchanges focus on investor protection to ensure that clients of professional investors have sufficient knowledge of virtual asset investments.
HKEx Reports on Hong Kong ETF Market as a Door to Global Investment
The Stock Exchange of Hong Kong (HKEx) published a Research Report: Hong Kong’s ETF Market as a Door to Global Investment in September 2019 highlighting Hong Kong’s potential as Asia’s exchange traded funds (ETF) marketplace for the issue and trading of ETFs. With...