Regulation· ★★★★· bullish·

Hong Kong Prepares New Crypto Licenses and 24/7 Tokenized Settlement

  • —Licensing bill covering intermediation, custody, advisory and asset management due in 2026
  • —HKMA to launch real-time 24/7 on-chain settlement by end-2026
  • —Platform to support e-HKD and central bank digital currencies
  • —HKMA to pilot tokenized Exchange Fund Bills worth over HKD 1.3 trillion
Why it matters: Hong Kong is extending regulation beyond exchanges and building infrastructure for tokenized assets and settlement, a signal for institutions and other jurisdictions.
Source: DiarioBitcoin