142 results found

With only days left before the commencement of the new virtual asset service provider (VASP) licensing regime on 1 June 2023, the Hong Kong Securities and Futures Commission (SFC)...

The Securities and Futures Commission (SFC) of Hong Kong released the "Consultation Conclusions on the Proposed Regulatory Requirements for Virtual Asset Trading Platform Operators...

The fintech landscape in Hong Kong witnessed significant regulatory developments in 2024. More lies ahead for 2025 with several regulatory initiatives in prospect.

Despite the increasing popularity in the creation, investment and trade of NFTs, one should be mindful that the legal treatment of NFTs continues to evolve and is unsettled.

As virtual assets (VAs) — including cryptocurrencies such as Bitcoin ("BTC") and Ethereum ("ETH") — become more integrated into traditional financial services, Hong Kong regulators...

The virtual asset (also referred to as VA hereafter) landscape in Hong Kong has evolved rapidly in recent years, with a broader range of VA-related products available in the market.

While many jurisdictions continue to debate the boundaries of virtual asset ("VA") regulation, Hong Kong has taken a different path – establishing comprehensive regulatory perimeters and incrementally expanding...

VASPs will be required to conduct customer due diligence to meet global anti-money laundering standards.

A Hong Kong court has granted an injunction freezing the assets of a French cryptocurrency trader in a dispute over what happened to bitcoins held in an...

On 28 November 2024, the Hong Kong Monetary Authority ("HKMA") launched the Digital Bond Grant Scheme ("DBGS") and began accepting applications.

The Hong Kong High Court ("Court") has, for the first time, confirmed that cryptocurrencies constitute "property" under Hong Kong law and are capable of being held on trust. e7

Another reason for the restructuring was at some point, John would like to seek investors and list the company on the Hong Kong Stock Exchange.

On 7 April 2025, the Securities and Futures Commission ("SFC") issued circular 25EC22 setting out its regulatory approach to the provision of staking services by SFC-licensed virtual asset ("VA") trading platforms ("VATPs") to their clients.

Escrow is the term used when funds or assets are held by a neutral, jointly-appointed third party on behalf of two contracting parties, subject to a transaction being completed between them (typically a contract of sale), ...

As cryptocurrency is gaining popularity, an increasing number of employers are starting to consider paying salaries to their employees in cryptocurrency.

In the Financial Secretary's 2020 – 2021 budget speech, the Hong Kong Government announced that it will consider extending the anti-money laundering/counter terrorist financing requirements to cover crypto currency service providers.

The HKSAR Government has launched a public consultation on the implementation of the new Crypto-Asset Reporting Framework (CARF) and related amendments to the Common Reporting Standard...