Dec. 29 – Per a Caixin report, the Hong Kong Monetary Authority (HKMA) confirmed it will fully implement new crypto-related banking capital rules aligned with the Basel Committee on Banking Supervision’s (BCBS) crypto asset standards in Hong Kong starting Jan. 1, 2026. BCBS defines crypto assets as private digital assets primarily relying on cryptography, distributed ledger technology (DLT) or similar tech. Digital assets, in turn, are defined as digital representations of value usable for payment, investment, or access to goods and services. Covered assets include Bitcoin, Ethereum, real-world assets (RWAs), stablecoins, and other similar assets.
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