Hong Kong Proposes Easier Bank Rules for Crypto Holdings

google news


The Hong Kong Monetary Authority has released draft guidance proposing softer capital requirements for banks holding certain crypto assets. Under the new rules, crypto assets built on permissionless blockchains could qualify for lower capital buffers if issuers implement strong risk management. This move aims to promote safer crypto adoption by banks while supporting Hong Kong’s goal to be a leading crypto hub. The draft is open for public consultation ahead of 2026 implementation.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

You have not selected any currency to display

Pin It on Pinterest