Hong Kong Monetary Authority Enacts Basel-Aligned Crypto Regulations

The Hong Kong Monetary Authority (HKMA) has announced its implementation of Basel-aligned banking capital rules for cryptoassets, stablecoins, and real-world assets (RWAs), effective January 1, 2026. This move aims to enhance transparency and risk management in the burgeoning cryptocurrency market. The new regulations are a crucial step towards aligning Hong Kong’s regulatory framework with global standards.