Hong Kong: Implemented HKMA Guidance on Provision of Custodial Services for Digital Assets
Description
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…
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