Hong Kong Moves to Regulate Virtual Asset Managers With New Rules
Hong Kong finalized licensing rules for virtual asset advisory and management firms on May 26, 2026. VA advisory aligns with Type 4 (securities advice) and management with Type 9 (asset management) under AMLO. Minimum capital is HK$5M; firms holding client assets need HK$3M liquid, others need HK$100K liquid. The Asian crypto hub is on the...
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