Hong Kong Plans New Licenses Across 4 Crypto Services

Hong Kong plans new licenses across 4 crypto services

Hong Kong plans licenses for crypto dealing, custody, advisory and management services, with a bill expected before the end of 2026.

Hong Kong bets on the yuan as its stablecoin push stalls under Beijing's shadow

During a Legislative Council briefing, Hong Kong’s finance chief laid out a long list of measures to grow the city’s offshore yuan business. Meanwhile, two banks already hold stablecoin issuer permits, and the finance chief made a promise for a virtual asset licensing bill to come later this year. Will Hong Kong lawmakers introduce a virtual asset licensing bill? Christopher Hui, Secretary for Financial Services and the Treasury, told the commit…

Hong Kong to Introduce Crypto Licensing Bill Before End of 2026

TLDR Hong Kong plans to introduce a bill before the end of 2026 creating four new crypto licensing regimes. The licenses would cover virtual asset dealing, custody, advisory and management services. Advisory and management rules will broadly mirror existing securities licensing standards. Hong Kong already licenses crypto trading platforms and stablecoin issuers under separate frameworks. [...]

Hong Kong Plans 2026 Bill for Four New Crypto Licensing Regimes

The proposed licenses would cover virtual asset dealing, custody, advice and management services.