Amid the rapidly evolving global virtual asset landscape, the regulators in Hong Kong have been regularly updating the rules and guidance for financial firms in the city. This flyer introduces two updated circulars relating to virtual assets and shares the key revised requirements that will impact affected firms.
Circular on SFC-authorised funds with exposure to virtual assets and Joint circular on intermediaries’ virtual asset-related activities
First circular covers SFC-authorised funds with exposure to virtual assets, while second joint circular relates to intermediaries’ virtual asset-related activities
