We are pleased to share that our Partner, Delphine Tse, and Trainee Solicitor, Kyle Matthew Yu Chan, have co‑authored an article on Hong Kong’s virtual asset regulatory regime. With the FSTB and the SFC taking a proactive role in shaping and supervising this space, this article offers a timely overview of Hong Kong’s current position and approach.

Hong Kong’s virtual asset framework has developed into a multi‑layered regime. This article examines a central question for market participants: whether and how a person is regulated, which in turn depends on two intersecting considerations – what the virtual asset is and what is being done with it.

As Hong Kong continues to position itself as a global hub for digital assets, we are excited to see how this rapidly developing landscape will unfold.

For related reading, you can also see our previous article on the Stablecoins Ordinance: https://lnkd.in/dxDaMUYQ