Download PDF | Download Word The Hong Kong Monetary Authority announced the implementation of its e-HKD pilot programme on 18 May 2023. Sixteen firms will participate in the pilot programme's first round which will examine the e-HKD's proposed uses including...

Download PDF | Download Word Hong Kong's SFC has issued a Circular on the implementation of its new licensing regime for centralised virtual asset trading platform operators which took effect on 1 June 2023 highlighting various SFC-issued materials aimed at assisting...

Download PDF | Download Word Hong Kong's SFC finalised the regulatory requirements for centralised virtual asset trading platform operators providing trading in non-security tokens under the new VASP licensing regime under the Anti-Money Laundering and...

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...

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

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.