Hong Kong regulators to review crypto rules ‘as appropriate,’ says finance secretary

📆 03/07/2024 15.46.00
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Regulation,The Block,Hong-Kong

Christopher Hui, the Treasury chief, said that the regulators will 'keep in view market developments' for crypto-related regulations.

Hong Kong’s finance secretary said that the regulators will “review requirements” for cryptocurrency-related activities as necessary as the crypto industry develops.

Hui noted that licensed corporations or registered institutions can distribute crypto-related products after notifying the regulators, and they “do not need to apply for modification of licensing conditions.”

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