Cryptocurrency

SFC Publishes VATP Lists & Forms Joint Group with HKPF
SFC Publishes VATP Lists & Forms Joint Group with HKPF 1401 788 Hauzen
The SFC has taken steps to enhance investor protection and awareness of virtual asset trading platforms following the JPEX scandal.

SFC Conclusion on New Regulatory Regime for Virtual Asset Trading Platform Operators
SFC Conclusion on New Regulatory Regime for Virtual Asset Trading Platform Operators 1400 788 Hauzen
We believe the new framework will help to establish Hong Kong as a virtual asset (“VA”) hub and attract quality crypto service providers to obtain a license.

HKMA’s Circular on Access to Banking Services
HKMA’s Circular on Access to Banking Services 1400 788 Byron Chow
Advancing financial inclusion and customer fair treament while authorized institutions adopting a proportionate and effective risk-based approach to AML & CFT.
  • Christie Liu

Hong Kong Courts recognise Cryptocurrency as Property
Hong Kong Courts recognise Cryptocurrency as Property 1400 788 Christie Liu
Hong Kong High Court made important step in recognising legal status of cryptocurrencies establishing them as “property” that can be held on trust.

Managing a Cryptocurrency Portfolio – What Licensed Asset Managers Need to Know
Managing a Cryptocurrency Portfolio – What Licensed Asset Managers Need to Know 1400 788 Hauzen
What should asset managers do if they want to manage portfolios holding virtual assets? To address risks, SFC has started to regulate VA portfolio managers.
cryptocurrency - bitcoin

The Crypto Winter and the Rise in Crypto Fraud
The Crypto Winter and the Rise in Crypto Fraud 1400 787 Hauzen
There is much debate over whether the crypto winter is over. In the meantime, investors should should get good advice early in the game to avoid scams.

HKMA’s Conclusion on Crypto-assets & Stablecoins
HKMA’s Conclusion on Crypto-assets & Stablecoins 1400 788 Basil Hwang
HKMA is of the view that entities conducting stablecoin activity in Hong Kong or actively marketing such an activity here ought to hold a relevant licence.

Hong Kong Embraces Cryptocurrency: Get Ready for New VASP Regime
Hong Kong Embraces Cryptocurrency: Get Ready for New VASP Regime 1400 787 Basil Hwang
Operating a virtual asset in Hong Kong? Learn what you need to do to get ready for the new SFC legislation starting 01 June 2023!

Collapse of FTX Hastens Calls for Cryptocurrency Regulations
Collapse of FTX Hastens Calls for Cryptocurrency Regulations 1400 788 Byron Chow
FTX’s collapse highlights the need to put in place regulations for cryptocurrency in the world’s major financial markets, and Hong Kong is committed to addressing such a need.

SFC’s timely reminder on NFTs
SFC’s timely reminder on NFTs 810 524 Kelly Ho
Where an NFT is a genuine digital representation of a collectible, the activities related to it generally do not fall within the SFC’s regulatory remit. But what else should businesses look out for?
Back to top
Privacy Preferences

When you visit our website, it may store information through your browser from specific services, usually in the form of cookies. Here you can change your Privacy preferences. It is worth noting that blocking some types of cookies may impact your experience on our website and the services we are able to offer.

Click to enable/disable Google Analytics tracking code.
Click to enable/disable Google Fonts.
Click to enable/disable Google Maps.
Click to enable/disable video embeds.
Our website uses cookies, mainly from 3rd party services. Define your Privacy Preferences and/or agree to our use of cookies.