Hong Kong Expands Crypto Licensing for Dealers, Custodians
Hong Kong has taken a major step in crypto licensing as regulators tighten oversight. Digital assets are here to stay, but with clearer regulations.
The city is reinforcing its role as a global digital asset hub with this revision to its crypto licensing regime.
Hong Kong’s Crypto Rules?
Hong Kong’s Financial Services, the Treasury Bureau, and the Securities and Futures Commission have concluded consultations. The new laws will regulate virtual asset dealers and custodians. Once it takes effect, companies dealing in crypto assets in Hong Kong will have to get licenses.
This is no longer optional. This relates to the current Crypto Licensing regime in Hong Kong, where crypto trading platforms are already…
