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
Trump is forced to escalate Middle East war deployment; conflict window may extend to 100 days
The U.S. State Department is increasing resources to evacuate citizens stranded in the Middle East, while the Pentagon is urgently deploying additional intelligence personnel to support military actions against Iran. Meanwhile, the UK, France, and Germany are becoming increasingly cautious about participating in offensive strikes, with the likelihood of involvement continuing to decline, indicating concerns about further escalation.
GateNews15m ago
Pentagon urgently boosts "intelligence personnel on standby for over 100 days," U.S. media mock: Trump never expected it to become a long-term conflict
The U.S. Central Command has requested additional military intelligence officers from the Pentagon for at least 100 days to support the military operation "Epic Rage" against Iran. This move indicates that the Trump administration was not fully prepared for war and that intelligence support was insufficient. The Secretary of Defense emphasized that the operation has just begun, but frontline intelligence needs are urgent, and there are discrepancies between the Pentagon and the White House, increasing external concerns. Meanwhile, the rising geopolitical risks and their impact on the crypto market are also worth noting.
動區BlockTempo17m ago
Cryptocurrency trading in Iran drops 80% after airstrikes
Cryptocurrency trading volume in Iran dropped nearly 80% from February 27 to March 1 due to U.S. and Israeli airstrikes, primarily caused by nationwide internet restrictions. Despite disruptions, the main crypto market operations continue, albeit with risk governance measures in place.
TapChiBitcoin22m ago
Vitalik Calls for Ethereum to Shift Toward "Sanctuary Technology" to Combat Surveillance and Centralization Threats
Ethereum co-founder Vitalik Buterin proposed the "Sanctuary Technology," advocating that Ethereum should focus on protecting individuals from excessive surveillance and promote the mission of decentralization, opposing market-driven approaches to financial applications. He put forward three major technical proposals to enhance the neutrality of blockchain construction and support ethical boundaries for AI technology, opposing the abuse of power through technology.
MarketWhisper42m ago
JPMorgan CEO criticizes the crypto industry: Interest-bearing stablecoins are deposits and should be regulated like banks!
Jamie Dimon intervenes in the debate, advocating that interest-bearing stablecoins should be subject to banking regulation and emphasizing the importance of fair competition. He opposes the practice of paying interest on stablecoin account balances and demands that industry players in the crypto space who want to act as banks should assume corresponding regulatory responsibilities. This stance is closely related to the deliberation of the CLARITY Act, which aims to clarify the regulatory framework for cryptocurrencies.
CryptoCity1h ago
Trump pressures the Big Seven tech giants to sign "bear the cost of electricity price hikes"! AI data centers consume 12% of electricity in the U.S., and voter anger is fueling the push.
In his State of the Union address, Trump announced the "Rate Protection Commitment," requiring the seven major tech giants to bear the electricity costs of data centers themselves, aiming to alleviate voter dissatisfaction caused by rising electricity prices. However, the commitment lacks legal binding force, and its enforcement mechanism is unclear, raising questions about its effectiveness. The electricity demand from data centers could lead to a 12% increase in nationwide electricity consumption, becoming a political focal point.
動區BlockTempo1h ago