Hong Kong, Asia's Virtual Asset Hub
Includes Licensing and Regulatory Information
The Financial Supervisory Service announced on January 22 that it has published a revised edition of the "Hong Kong Financial Industry Supervisory System Handbook," which provides an overview of Hong Kong's financial environment and supervisory framework.
Hong Kong has maintained its position as the top financial hub in Asia since 2024, drawing increasing interest from domestic financial institutions.
In particular, Hong Kong serves as a hub for virtual assets. In 2024, it became the first in the world to approve a spot Ethereum Exchange-Traded Fund (ETF), and last year, it established a licensing system for fiat currency-pegged stablecoins.
The revised edition introduces major changes in Hong Kong's financial system and the latest trends, and includes region-specific regulations and guidelines related to licensing.
It also adds information on licensing and regulatory developments related to digital finance and virtual assets, as well as trends in ESG (Environmental, Social, and Governance) financial supervision.
This publication is available on the website of the Financial Hub Support Center, a one-stop information platform for financial companies, financial associations, and domestic financial institutions seeking to expand overseas.
A Financial Supervisory Service official stated, "We will continue to provide information on overseas markets that attract significant interest from domestic financial institutions, supporting their smooth entry into foreign markets."
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