Hong Kong's Central Bank Plans to Ease Rules on Banks' Crypto Holding: Report

1 month ago 7

The central bank released a draft paper for public comment with a view to clarifying the guidance on capital regulation for crypto assets

Sep 11, 2025, 10:57 a.m.

The Hong Kong Monetary Authority (HKMA) has circulated plans for easing the capital requirements for banks holding cryptocurrencies, local financial news outlet Caixin reported on Wednesday.

The central bank released a draft paper for public comment with a view to clarifying the guidance on capital regulation for crypto assets, which will be implemented early next year.

The drafted guidelines focus on lowering bank capital requirements if issuers can take appropriate measures to prevent and respond to risks, according to the report.

Hong Kong has emerged as one of the world's hubs for advancing the cryptocurrency industry through a more helpful regulatory regime. Its long-awaited guidance on stablecoins came into effect last month following a rush of applications from prospective issuers.

A switch to more lenient capital requirements for banks holding crypto could help cement Hong Kong's status further as a global leader for crypto adoption.

The HKMA did not respond to CoinDesk's request for comment.

More For You

Trump's CFTC Hopeful Quintenz Takes His Dispute With Tyler Winklevoss (Very) Public

Cameron and Tyler Winklevoss at the White House on July 18, 2025. (Jesse Hamilton/CoinDesk)

CFTC Chair nominee Brian Quintenz posted a lengthy statement and several screenshots of his conversation with Tyler Winklevoss.

What to know:

  • Commodity Futures Trading Commission chair nominee Brian Quintenz released text messages with Gemini co-founder Tyler Winklevoss on Wednesday, suggesting Winklevoss had "misled" President Donald Trump about why the executive opposed Quintenz's nomination.
  • Quintenz looked set to sail through the Senate confirmation process but the committee with jurisdiction repeatedly postponed a vote.
  • Winklevoss previously told CoinDesk he believed Quintenz had "disqualifying" views about developer protections and his work with prediction market Kalshi.
Read Entire Article