The Hong Kong Securities and Futures Commission has published consultation conclusions and proposes amending the Securities and Futures Ordinance and the anti-money laundering ordinance to restrict unauthorised institutions from using specified terms. The terms could lead the public to wrongly believe a business is SFC-regulated or linked to exchanges, clearing houses and virtual asset trading platforms.
Hong Kong SFC proposes curbs on use of terms such as crypto and exchange
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The story so far: Hong Kong crypto licensing bill
Hong Kong plans amendments for a licensing regime covering crypto trading, custody, investment advisory and asset management, to be submitted by end-2026, with an anti-money-laundering amendment bill going to LegCo. The SFC now proposes amending the Securities and Futures Ordinance and AML ordinance to restrict…
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Hong Kong SFC proposes curbs on use of terms such as crypto and exchange
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