Hong Kong will fully implement new bank capital regulations based on the Basel Committee's crypto regulatory standards starting January 1.

PANews, December 29 – According to Jinse Finance, the Hong Kong Monetary Authority has confirmed that it will fully implement new bank capital regulations based on the Basel Committee on Banking Supervision's crypto asset regulatory standards in Hong Kong starting January 1, 2026. The crypto assets as defined by the Basel Committee refer to private "digital assets" that mainly rely on cryptography and distributed ledger technology or similar technologies. "Digital assets" are defined as digital representations of value that can be used for payment, investment purposes, or to obtain goods or services. Not only bitcoin, Ethereum, etc. are included in the Basel Committee's definition of crypto assets, but also RWA, stablecoins, and others are covered.