The Hong Kong government has reiterated that it will submit amendments to the crypto asset licensing bill before the end of 2026

Odaily: The Hong Kong government has reiterated that it will submit amendments to the crypto asset licensing bill before the end of 2026, establishing a licensing regime covering digital asset trading, custody, advisory, and management services. Hong Kong Secretary for Financial Services and the Treasury Christopher Hui stated that the amendments will respond to developments in the fintech sector.

In January of this year, Christopher Hui disclosed that regulators planned to submit crypto asset regulatory proposals before the end of 2026. The Hong Kong Monetary Authority (HKMA) has begun processing stablecoin issuer license applications and in April granted the first batch of stablecoin issuer licenses to Anchorpoint Financial and Hongkong and Shanghai Banking Corporation. (Cointelegraph)