Foresight News reports that Hong Kong Financial Secretary Paul Chan Mo-po stated in the 2026 Budget that the government will submit a draft digital asset policy regulation within the year, establishing a licensing system for digital asset trading and custody service providers. Currently, Hong Kong has implemented a licensing system for fiat-backed stablecoin issuers, with the first licenses to be issued in March. The government and financial regulators will continue to promote licensed issuers to explore more application scenarios under compliant and risk-controlled conditions. Chan also mentioned that the Securities and Futures Commission will further promote liquidity in Hong Kong’s digital asset market while ensuring investor protection, providing more products and services for professional investors, and establishing an accelerator to accelerate market innovation.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin Slumps to $68K as Middle East Peace Hopes Fade
Bitcoin fell 3.6% as geopolitical tensions between the U.S. and Iran rattled global markets. The cryptocurrency dropped from a high of $71,405 to $68,123, cutting its market capitalization to $1.36 trillion and dragging the broader crypto economy to $2.43 trillion.
Bitcoin Slides on
Coinpedia10m ago
Expectations of easing tensions in the Middle East have cooled, oil prices rebounded, and Bitcoin fell below $69,000.
Bitcoin drops below $69,000, with major cryptocurrencies falling 4% to 5%. The main reason is the fading optimism over Middle East tensions. U.S. tech stocks generally decline, and market trends are closely linked to macroeconomic factors. If the situation improves, risk assets may rebound.
BlockBeatNews2h ago
JPMorgan: Gold liquidity has fallen below Bitcoin, with BTC stabilizing against the geopolitical crisis.
JPMorgan report indicates that in the face of capital outflows, liquidity for gold and silver has deteriorated, but Bitcoin has shown resilience, becoming a more viable safe-haven asset. As geopolitical tensions rise, Bitcoin prices quickly rebound, while precious metals face selling pressure and significant capital outflows, highlighting a divergence in market momentum.
動區BlockTempo2h ago
Bitcoin holds ground as gold, silver slide on ETF outflows and liquidity strains: JPMorgan
Bitcoin BTC$68,953.10 is proving more resilient than traditional safe-haven assets as gold and silver come under pressure from outflows, positioning unwinds and deteriorating liquidity, according to Wall Street investment bank JPMorgan.
"The deterioration in liquidity conditions in gold has seen it
CoinDesk3h ago
Brazil Passes Law to Use Seized Bitcoin, Crypto to Fund Public Security Measures
Brazil's new "Anti-Gang Law" enables authorities to seize and sell digital assets like Bitcoin to combat organized crime, with proceeds supporting public security. The law enhances penalties for crime leaders and facilitates asset management by judges.
Decrypt3h ago
Trump says he is in substantive negotiations with Iran and will announce a new deadline for talks.
Gate News reports that on March 26, U.S. President Donald Trump stated that he is currently engaged in very substantive negotiations with Iran and will announce a new deadline for the talks.
GateNews3h ago
