Hong Kong: HKMA Guidance on Provision of Custodial Services for Digital Assets
Progress
Current status
adopted
20 Aug 2024 in force
20 Feb 2024 adopted
Scope
Implementers
Hong Kong
Policy Area
Data governance
Policy Instrument
Data protection regulation
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national
Timeline of events
Implemented HKMA Guidance on Provision of Custodial Services for Digital Assets
On 20 August 2024, the Hong Kong Monetary Authority (HKMA) guidance on the provision of custodial services for digital assets enetred into force. The guidance applies to authorised institutions (AIs) and subsidiaries of locally incorporated AIs that…
SourceEvent type
order
Action type
implementation
Government branch
executive
Government body
other regulatory body
Adopted HKMA Guidance on Provision of Custodial Services for Digital Assets
On 20 February 2024, the Hong Kong Monetary Authority (HKMA) adopted a guidance on the provision of custodial services for digital assets. The guidance applies to authorised institutions (AIs) and subsidiaries of locally incorporated AIs that conduc…
SourceEvent type
order
Action type
adoption
Government branch
executive
Government body
other regulatory body