Hong Kong has reiterated that it will submit amendments to its crypto-asset licensing bill by the end of 2026, keeping in place a timeline previously outlined by local officials. The proposed changes are intended to create a licensing regime covering digital asset trading, custody, advisory and management services.
Christopher Hui, Hong Kong’s Secretary for Financial Services and the Treasury, said the amendments are meant to respond to developments in the fintech sector. His latest remarks echo a statement he made in January, when he said regulators were planning to put forward a crypto regulatory proposal before the end of 2026.
The update also comes as the Hong Kong Monetary Authority, or HKMA, has already begun processing license applications from stablecoin issuers. In April, the HKMA granted the first stablecoin issuer licenses to Anchorpoint Financial and Hongkong and Shanghai Banking Corporation. The report was cited by Cointelegraph and carried by BlockBeats on Oct. 6.
Hong Kong has reiterated that it will submit amendments to its crypto-asset licensing bill by the end of 2026, according to a BlockBeats report published on Oct. 6.
The proposed amendments would establish a licensing regime covering digital asset trading, custody, advisory and management services.
Christopher Hui, Hong Kong’s Secretary for Financial Services and the Treasury, said the amendments would respond to developments in the fintech sector.
In January this year, Hui said regulators were planning to submit a crypto regulatory proposal by the end of 2026.
The Hong Kong Monetary Authority (HKMA) has already started processing license applications from stablecoin issuers. In April, it granted the first stablecoin issuer licenses to Anchorpoint Financial and Hongkong and Shanghai Banking Corporation.
The update cited Cointelegraph as the source.
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