Hong Kong Sets New Cryptoasset Banking Rules Aligned with Basel Standards

Hong Kong has introduced new regulatory standards for banks’ cryptoasset exposures, aligning with global norms established by the Basel Committee on Banking Supervision. The Banking (Capital), (Disclosure), and (Exposure Limits) (Amendment) Rules 2025 will impose capital adequacy, disclosure, and exposure requirements on cryptoasset-related activities. Subject to legislative approval, the rules will come into force on 1 January 2026. The Hong Kong government said the reforms reflect industry feedback and aim to balance financial innovation with prudent risk management, reinforcing the city’s position as a forward-looking fintech regulator in Asia-Pacific.