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ARTICLE · 02 APRIL 2022

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Crypto regulation in Hong Kong

Timothy Loh LLP
Timothy Loh LLP
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Timothy Loh LLP

Timothy Loh LLP

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A recent circular set out the approach to regulating the distribution of crypto assets (or virtual assets) in Hong Kong.

Hong KongTechnology
Timothy Loh
Timothy Loh
Gavin Cumming
Gavin Cumming
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On January 28, 2022, the Securities and Futures Commission ("SFC") and the Hong Kong Monetary Authority ("HKMA") issued a "Joint Circular on Intermediaries' Virtual Asset Related Activities" ("2022 Crypto Regulation Circular"). This circular sets out the approach to regulating the distribution of crypto assets, comprising of what the circular calls "virtual assets" and "virtual asset related products", as well as the provision of dealing and advisory services in respect of such assets. In this article, we provide an overview of the updated requirements. If you'd like more information, please contact one of our DLT & Fintech lawyers.

Table of Contents

  • Scope of Crypto Regulation Circular

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