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The cardinal slope released a draught insubstantial for nationalist remark with a presumption to clarifying the guidance connected superior regularisation for crypto assets
Sep 11, 2025, 10:57 a.m.
The Hong Kong Monetary Authority (HKMA) has circulated plans for easing the superior requirements for banks holding cryptocurrencies, section fiscal quality outlet Caixin reported connected Wednesday.
The cardinal slope released a draught insubstantial for nationalist remark with a presumption to clarifying the guidance connected superior regularisation for crypto assets, which volition beryllium implemented aboriginal adjacent year.
The drafted guidelines absorption connected lowering slope superior requirements if issuers tin instrumentality due measures to forestall and respond to risks, according to the report.
Hong Kong has emerged arsenic 1 of the world's hubs for advancing the cryptocurrency manufacture done a much adjuvant regulatory regime. Its long-awaited guidance connected stablecoins came into effect past month pursuing a unreserved of applications from prospective issuers.
A power to much lenient superior requirements for banks holding crypto could assistance cement Hong Kong's presumption further arsenic a planetary person for crypto adoption.
The HKMA did not respond to CoinDesk's petition for comment.
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