On 15 March 2024, the Securities and Futures Commission (SFC) in Hong Kong issued a declaration warning the public against the unlicensed virtual asset trading platform 'MEXC'. The platform, actively promoting its services to Hong Kong investors, ha…
On 8 March 2024, the Safeguarding National Security Bill implementing Article 23 of the Basic Law was introduced in the Legislative Council of Hong Kong Special Administrative Region (SAR). The Bill covers the government's constitutional duty to saf…
On 7 March 2024, the Hong Kong Monetary Authority (HKMA) announced the commencement of Project Ensemble, a wholesale central bank digital currency (wCBDC) project aimed at supporting the development of the tokenisation market in Hong Kong. The proje…
On 4 March 2024, the Securities and Futures Commission (SFC) issued a public warning against suspicious websites impersonating two licensed virtual asset trading platforms, Hash Blockchain Limited and OSL Digital Securities Limited. The websites hsk…
On 1 March 2024, the Ministerial Conference of the World Trade Organisation (WTO) adopted a decision to continue the Work Programme on Electronic Commerce. The decision includes a specific focus on the development needs of developing and least-devel…
On 29 February 2024, the Financial Services and the Treasury Bureau (FSTB) and the Hong Kong Monetary Authority (HKMA) closed their public consultation on the legislative proposals to regulate stable money issuers. The consultation sought views on t…
On 21 February 2024, the Office of the Privacy Commissioner for Personal Data (PCPD) concluded investigations into 28 local organisations. The investigations, conducted from August 2023 to February 2024, aimed to identify the implications of Artifi…
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…
On 2 February 2023, the Financial Services and Treasury Bureau of Hong Kong announced that all unlicensed Virtual Asset Service Providers (VASPs) are required to submitt their application for an operational license, as required under the Anti-Money …
On 31 January 2024, the Office of the Privacy Commissioner for Personal Data (PCPD) in Hong Kong announced an investigation into the Worldcoin project, which offers services in digital identity and cryptocurrency, suspecting serious risks to persona…