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

BlockBeats news, October 6 — The Hong Kong government has reiterated that it will submit an amendment 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's Secretary for Financial Services and the Treasury, Christopher Hui, said the amendment will respond to developments in the fintech sector.

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