Hong Kong: Adopted HKMA Guidance on Provision of Custodial Services for Digital Assets
Description
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…
Scope
Policy Area
Data governance
Policy Instrument
Data protection regulation
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
other regulatory body