The Hong Kong Monetary Authority (HKMA) has released a draft framework for classifying crypto assets, known as CRP-1 ‘Crypto Asset Classification,’ within the Banking Supervision Policy Manual. This […]
ICBC (Asia) and HSBC Target Hong Kong Stablecoin License
Two major financial institutions, ICBC (Asia) and HSBC, are gearing up to join the ranks of those seeking stablecoin licenses under the framework established by the Hong Kong […]
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 […]
Hong Kong Gazette Stablecoin Ordinance, Regulating Issuance
Hong Kong’s government has officially enacted a new regulation for stablecoins, the Stablecoins Ordinance, setting clear guidelines for their issuance. This moves the city towards establishing a more […]