🇭🇰 HONG KONG TO LICENSE VIRTUAL ASSET TRADING, CUSTODY, ADVISORY AND MANAGEMENT IN 2026
🏛️ Licensing plans for four sectors: Hong Kong plans to establish licensing regimes for virtual asset trading, custody, advisory and management, expanding the current regulatory framework, which covers only exchanges and stablecoin issuers.
📜 Amendment bill to be submitted to the Legislative Council: Christopher Hui, Deputy Secretary for Financial Services and the Treasury, said the amendment bill would be submitted to the Legislative Council in 2026, following its announcement at the main forum of Hong Kong FinTech Week.
💡 Tokenization and AI as growth drivers: Julia Leung, Chief Executive Officer of the Securities and Futures Commission, said tokenization should be integrated into market operations to improve liquidity, while AI governance should be proportionate to the level of risk.
🏦 Banks to advance responsible AI and tokenization: Eddie Yue, Chief Executive of the Hong Kong Monetary Authority, said the “Fintech 2030” initiative would encourage banks to adopt AI and tokenization responsibly.
🌤️ If the bill is passed on schedule, Hong Kong will have one of the most comprehensive regulatory frameworks for virtual assets, boosting confidence among businesses and investors in the region.
$BTC $LINK $ONDO
🏛️ Licensing plans for four sectors: Hong Kong plans to establish licensing regimes for virtual asset trading, custody, advisory and management, expanding the current regulatory framework, which covers only exchanges and stablecoin issuers.
📜 Amendment bill to be submitted to the Legislative Council: Christopher Hui, Deputy Secretary for Financial Services and the Treasury, said the amendment bill would be submitted to the Legislative Council in 2026, following its announcement at the main forum of Hong Kong FinTech Week.
💡 Tokenization and AI as growth drivers: Julia Leung, Chief Executive Officer of the Securities and Futures Commission, said tokenization should be integrated into market operations to improve liquidity, while AI governance should be proportionate to the level of risk.
🏦 Banks to advance responsible AI and tokenization: Eddie Yue, Chief Executive of the Hong Kong Monetary Authority, said the “Fintech 2030” initiative would encourage banks to adopt AI and tokenization responsibly.
🌤️ If the bill is passed on schedule, Hong Kong will have one of the most comprehensive regulatory frameworks for virtual assets, boosting confidence among businesses and investors in the region.
$BTC $LINK $ONDO
