Hong Kong: SFC and HKMA joint circular on intermediaries' virtual asset-related activities
Progress
Current status
adopted
20 Oct 2023 adopted
Scope
Implementers
Hong Kong
Policy Area
Consumer protection
Policy Instrument
Quality of Service requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
DLT development
Government Branch
executive
Government Body
central bank
Implementation Level
national
Timeline of events
Adopted SFC and HKMA joint circular on intermediaries' virtual asset-related activities
On 20 October 2023, the Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) released a Joint Circular on intermediaries' virtual asset (VA) related activities. The circular clarifies the obligations under the updated …
SourceEvent type
order
Action type
adoption
Government branch
executive
Government body
central bank