Progress

Current status
under deliberation
31 Jan 2023under deliberation
31 Mar 2022in consultation
12 Jan 2022in consultation

Scope

Implementers
Hong Kong
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
cross-cutting
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
central bank
Implementation Level
national

Timeline of events

31 Jan 2023
under deliberation

Issued report on Discussion Paper on Crypto-assets and Stablecoins outlining possible regulatory approaches

On 31 January 2023, the Hong Kong Monetary Authority (HKMA) published a report outlining the consultation conclusion on the Discussion Paper on Crypto-assets and Stablecoins. The Discussion Paper outlined international recommendations regarding cryp…

Event typeoutline
Action typeannouncement
Government branchexecutive
Government bodycentral bank
31 Mar 2022
in consultation

Closed consultation on Discussion Paper on Crypto-assets and Stablecoins outlining possible regulatory approaches

On 31 March 2022, the public consultation on the Discussion Paper on Crypto-assets and Stablecoins closed. In particular, the Discussion Paper outlined international recommendations regarding crypto-assets and stablecoins and the risks that they can…

Event typeoutline
Action typeconsultation opened
Government branchexecutive
Government bodycentral bank
12 Jan 2022
in consultation

Opened consultation on Discussion Paper on Crypto-assets and Stablecoins outlining possible regulatory approaches

On 12 January 2022, the Hong Kong Monetary Authority (HKMA) opened a public consultation Discussion Paper on Crypto-assets and Stablecoins until 31 March 2022. In particular, the consultation concerns international recommendations and the risks that…

Event typeoutline
Action typeconsultation opened
Government branchexecutive
Government bodycentral bank