Hong Kong officials have reaffirmed that the government plans to submit an amendment bill before the end of 2026 to create licensing regimes for four types of digital asset services: trading, custody, advisory and management. The timetable was restated by Secretary for Financial Services and the Treasury Christopher Hui during a Monday policy briefing, according to a statement from the Hong Kong government. Hui said the bill will be introduced within this year and described the move as a response to innovative developments in financial technology. The latest comments follow Hui’s remarks in January, when he said regulators were preparing a draft proposal on crypto asset regulation for submission before the end of 2026. At that time, he also said the Hong Kong Monetary Authority had started processing license applications from stablecoin issuers. In April, the HKMA issued its first stablecoin issuer licenses to Anchorpoint Financial and the Hongkong and Shanghai Banking Corporation.
Hong Kong regulators have reaffirmed plans to submit an amendment bill before the end of 2026 to set up licensing regimes for four categories of digital asset services: trading, custody, advisory and management.
According to a statement released by the Hong Kong government, Secretary for Financial Services and the Treasury Christopher Hui said at a Monday policy briefing that the government will submit an amendment bill "within this year" to establish a broader framework for digital asset activities.
Four categories would fall under the licensing framework
Hui said the amendment bill will cover digital asset trading, custody, advisory and management services. The proposed regime is intended to bring those activities into a formal licensing structure.
He said the bill covering the four categories is being advanced in response to "innovative developments" in financial technology.
Latest comments track earlier timeline
In January, Hui said regulators planned to submit a draft proposal related to crypto asset regulation before the end of 2026. He also said the Hong Kong Monetary Authority had begun processing license applications for stablecoin issuers.
In April, the HKMA granted its first stablecoin issuer licenses to Anchorpoint Financial and the Hongkong and Shanghai Banking Corporation.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
