We are pleased to announce that the recording of our recent webinar on developments in Hong Kong's virtual asset (VA) regulatory regime is now available on our YouTube channel.
Presented by Julia Charlton, the session reviews the significant regulatory changes introduced and proposed over the past year, as the Hong Kong government seeks to consolidate Hong Kong's position as an international VA hub while maintaining a comprehensive regulatory framework for VA activities.
Key topics covered in the recording include:
- The proposed standalone licensing and registration regimes under the AMLO for VA dealing, advisory, management and custodian services
- Capital requirements, retail access restrictions and proposed exemptions under the new regimes
- The treatment of AI-driven and algorithmic tools under the VA advisory regime
- SFC frameworks for shared order books, staking services, affiliated market making and proposed VA perpetual contracts on licensed VATPs
- Margin financing by licensed VA dealers, with Bitcoin and Ether accepted as collateral subject to a minimum 60% haircut
- The Stablecoins Ordinance, effective 1 August 2025, including reserve, redemption, disclosure and AML/CFT requirements for licensed issuers
- The May 2026 SFC and HKMA regulatory relaxations for stablecoins issued by licensed issuers
- The SFC's enforcement action against Saxo Capital Markets HK Limited and its implications for regulated intermediaries
- The 2026–27 budget proposals and the implementation of the OECD Crypto-Asset Reporting Framework (CARF)
The webinar will be of particular interest to compliance professionals, legal practitioners, licensed intermediaries, VATP operators, stablecoin issuers, asset managers and financial institutions active in Hong Kong's digital asset market.
The full recording, together with a detailed chapter index, is available on our Publications & Presentations page.