Useful materials
Set out below are other useful materials relevant to virtual assets:
- A high-level framework for virtual asset perpetual contracts offering by virtual asset trading platforms (11 February 2026)
- Circular on licensed corporations providing virtual asset dealing services (1) to offer financing for virtual asset dealing and access to shared order book, and (2) to safeguard client virtual assets relating to withdrawals (11 February 2026)
- Circular on permitting virtual asset trading platform operators to accept affiliated market makers (11 February 2026)
- Further Public Consultation on Legislative Proposal to Regulate Virtual Asset Advisory Service Providers and Virtual Asset Management Service Providers (24 December 2025)
- Consultation Conclusions on Legislative Proposal to Regulate Virtual Asset Custodian Services (24 December 2025)
- Consultation Conclusions on Legislative Proposal to Regulate Dealing in Virtual Assets (24 December 2025)
- Circular on expansion of products and services of virtual asset trading platforms (3 November 2025)
- Circular on shared liquidity by virtual asset trading platforms (3 November 2025)
- Supplemental joint circular on intermediaries’ virtual asset-related activities (30 September 2025)
- Circular to licensed virtual asset trading platform operators on custody of virtual assets (15 August 2025)
- Public Consultation on Legislative Proposal to Regulate Virtual Asset Custodian Services (27 June 2025)
- Public Consultation on Legislative Proposal to Regulate Dealing in Virtual Assets (27 June 2025)
- SFC sets out staking guidance for licensed virtual asset trading platforms and authorised virtual asset funds (7 April 2025)
- Circular on staking services provided by virtual asset trading platforms (7 April 2025)
- Circular on SFC-authorised funds with exposure to virtual assets (7 April 2025)
- SFC sets out new roadmap to develop Hong Kong as a global virtual asset hub (19 February 2025)
- “A-S-P-I-Re” for a brighter future: SFC’s regulatory roadmap for Hong Kong’s virtual asset market (19 February 2025)
- SFC convenes inaugural Virtual Asset Consultative Panel meeting (14 February 2025)
- Circular to new virtual asset trading platforms seeking to be licensed – Enhanced licensing process and revamped external assessments (16 January 2025)
- Circular to Licensed Corporations, SFC-licensed Virtual Asset Service Providers and Associated Entities - Findings from inspections on deemed-to-be-licensed virtual asset trading platform applicants and expected standards of conduct for virtual asset trading platform operators (16 January 2025)
- SFC licenses virtual asset trading platforms under swift licensing process (18 December 2024)
- Circular to virtual asset trading platforms on licensing process and revamped Second-phase Assessment (18 December 2024)
- SFC briefs virtual asset trading platform applicants on regulatory expectations after transition period ends (12 June 2024)
- SFC statement on the end of non-contravention period for virtual asset trading platforms (28 May 2024)
- SFC reminds public VATP application period has ended under transitional arrangements (1 March 2024)
- Disciplinary Proceedings at a Glance (for regulated persons under Part 5B of the Anti-Money Laundering and Counter-Terrorist Financing Ordinance) (February 2024)
- Circular on disciplinary proceedings under Part 5B of the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (28 February 2024)
- Circular on SFC-authorised funds with exposure to virtual assets (22 December 2023) (superseded by the circular on SFC-authorised funds with exposure to virtual assets on 7 April 2025)
- Joint circular on intermediaries’ virtual asset-related activities (22 December 2023)
- Circular on intermediaries engaging in tokenised securities-related activities (2 November 2023)
- Circular on tokenisation of SFC-authorised investment products (2 November 2023)
- Joint circular on intermediaries’ virtual asset-related activities (20 October 2023) (superseded by the joint circular on intermediaries’ virtual asset-related activities on 22 December 2023)
- SFC steps up information dissemination and investor education on VATPs (25 September 2023)
- Statement on JPEX (20 September 2023)
- Warning statement on unregulated virtual asset trading platform (13 September 2023)
- Warning: Virtual asset trading platforms engaging in improper practices (7 August 2023)
- Licensing Handbook for Virtual Asset Trading Platform Operators (1 June 2023)
- Guidelines for Virtual Asset Trading Platform Operators (1 June 2023)
- Guideline on Anti-Money Laundering and Counter-Financing of Terrorism (For Licensed Corporations and SFC-licensed Virtual Asset Service Providers) (1 June 2023)
- Prevention of Money Laundering and Terrorist Financing Guideline issued by the Securities and Futures Commission for Associated Entities of Licensed Corporations and SFC-licensed Virtual Asset Service Providers (1 June 2023)
- Disciplinary Fining Guidelines (1 June 2023)
- Scope of External Assessment Reports (1 June 2023) (superseded by the Circular to new virtual asset trading platforms seeking to be licensed on 16 January 2025)
- Circular on implementation of new licensing regime for virtual asset trading platforms (31 May 2023)
- Circular on transitional arrangements of the new licensing regime for virtual asset trading platforms (31 May 2023)
- Virtual asset trading platform operators - FAQs on licensing related matters (31 May 2023)
- Virtual asset trading platform operators - FAQs on conduct related matters (31 May 2023)
- Consultation Conclusions on the Proposed Regulatory Requirements for Virtual Asset Trading Platform Operators Licensed by the Securities and Futures Commission (23 May 2023)
- Consultation Paper on the Proposed Regulatory Requirements for Virtual Asset Trading Platform Operators Licensed by the Securities and Futures Commission (20 February 2023)
- Statement on virtual asset arrangements claiming to offer returns to investors (13 December 2022)
- Circular on Virtual Asset Futures Exchange Traded Funds (31 October 2022) (superseded by the circular on SFC-authorised funds with exposure to virtual assets on 22 December 2023)
- SFC reminds investors of risks associated with non-fungible tokens (6 June 2022)
- Joint circular on intermediaries' virtual asset-related activities (28 January 2022) (superseded by the joint circular on intermediaries’ virtual asset-related activities on 20 October 2023)
- Warning statement on unregulated virtual asset platforms (16 July 2021)
- SFC licenses first virtual asset trading platform (16 December 2020)
- Position paper: Regulation of virtual asset trading platforms (6 November 2019)
- SFC issues warnings on virtual asset futures contracts (6 November 2019)
- Terms and Conditions for Licensed Corporations which Manage Portfolios that Invest in Virtual Assets (4 October 2019)
- Statement on Security Token Offerings (28 March 2019) (superseded by the circular on intermediaries engaging in tokenised securities-related activities on 2 November 2023)
- SFC sets out new regulatory approach for virtual assets (1 November 2018)
- Circular to intermediaries on compliance with notification requirements (1 June 2018)
- SFC's regulatory action halts ICO to Hong Kong public (19 March 2018)
- SFC warns of cryptocurrency risks (9 February 2018)
- SFC issues reminder on cryptocurrency-related products and derivatives (11 December 2017)
- Circular to clarify the "relevant industry experience" requirement for Responsible Officers under the Guidelines on Competence (29 September 2017)
- Circular to announce the SFC Regulatory Sandbox (29 September 2017)
- SFC issues statement on initial coin offerings (5 September 2017)
Fintech related speeches
- Fintech: Embracing Innovation, Regulation and the Future of Finance Keynote address at Hong Kong FinTech Week 2022 (Julia Leung) (31 October 2022)
- Fintech: Metamorphosis of the financial industry - Keynote address at Hong Kong FinTech Week 2021 (Julia Leung) (3 November 2021)
- Fintech: the regulatory response to evolving challenges - Keynote address at Hong Kong FinTech Week 2020 (Ashley Alder) (3 November 2020)
- Fintech: a regulatory strategy for a dynamic industry - Keynote speech at Hong Kong FinTech Week 2019 (Ashley Alder) (6 November 2019)
- Fintech: Meeting the regulatory challenges - Keynote speech at Hong Kong FinTech Week 2018 (Ashley Alder) (1 November 2018)
Related video
Last update: 13 Feb 2026