What’s Happening With Crypto Licensing in Hong Kong?

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Hong Kong is moving forward with new licensing regimes for crypto dealers and custodians. After completing consultations, the city’s Financial Services and the Treasury Bureau (FSTB) and the Securities and Futures Commission (SFC) will require firms providing crypto trading or custody services to obtain licenses. This builds on Hong Kong’s existing crypto framework, which already mandates licensing for trading platforms and stablecoin issuers.