Hong Kong to Introduce Crypto Licensing Bill for Four Service Types by End of 2026
- —The bill will cover virtual asset dealing, custody, advisory and management services
- —Consultations on dealing and custody drew over 190 responses; advisory and management drew 51
- —The SFC will launch a custody surveillance system in 2026 and CrypTech AML monitoring in 2027
- —Stablecoin issuer licenses are already handled by the HKMA, with the first two granted in April 2026
Why it matters: Hong Kong is extending crypto regulation to new segments, potentially attracting institutions and setting a benchmark for other Asian jurisdictions.
Source: Blockonomi