Foresight News reports that Hong Kong Financial Secretary Paul Chan Mo-po stated in the 2026 Budget that the government will submit a draft digital asset policy regulation within the year, establishing a licensing system for digital asset trading and custody service providers. Currently, Hong Kong has implemented a licensing system for fiat-backed stablecoin issuers, with the first licenses to be issued in March. The government and financial regulators will continue to promote licensed issuers to explore more application scenarios under compliant and risk-controlled conditions. Chan also mentioned that the Securities and Futures Commission will further promote liquidity in Hong Kong’s digital asset market while ensuring investor protection, providing more products and services for professional investors, and establishing an accelerator to accelerate market innovation.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin Derivatives Market Undergoes Panic Selling Amid Escalating Geopolitical Tensions
The Bitcoin ($BTC) market is experiencing a significant downturn due to panic selling amid rising U.S.-Iran tensions, leading to $1.8B in derivatives sell volume within an hour. This has caused a sharp decline in trader confidence and Bitcoin's price, now around $60K.
BlockChainReporter3m ago
Breaking News》Iranian President Ebrahim Raisi appoints a three-person committee to take over power, potential successors' list revealed
After the martyrdom of Iran's Supreme Leader Khamenei, the constitutional provision Article 111 was activated to establish a temporary leadership structure, consisting of a three-member committee led by President Pahlavi, the Minister of Justice, and a jurist from the Guardian Council. This is the first succession process in Iran since 1989 and faces challenges regarding military cooperation. Several high-ranking officials were killed in the latest airstrikes, and the list of successors is still uncertain, with candidates including Khamenei's son and Khomeini's grandson.
動區BlockTempo30m ago
Trump confirms Hamas leader killed, Crypto liquidation exceeds $600 million, Will Iran close the Strait of Hormuz?
The US and Israel's airstrikes on Iran ignite Middle East conflict, Bitcoin experiences a sharp震 and clears over $652 million, with energy and inflation risks heating up, impacting global markets.
Conflict erupts and Middle East situation escalates全面
-------------
The Middle East situation entered a state of extreme turbulence in late February 2026. The US and Israel jointly launched a large-scale military operation against Iran, codenamed "Operation Epic Fury," aimed at destroying Iran's nuclear facilities, missile production bases, and naval forces. US President Trump confirmed US military involvement through social media platforms, claiming this move was to eliminate imminent threats against the US and its allies. Israel's Minister of Defense Katz immediately declared a nationwide state of emergency, with air raid sirens sounding in Tel Aviv and other locations, and hospitals switching to underground operations.
Image source: Truth Social/realDonaldTru
CryptoCity41m ago
Bloomberg: After Iran's Supreme Leader's death, Bitcoin rebounds above $68,000
After Iran's Supreme Leader Khamenei's death, the crypto market quickly rebounded, with Bitcoin rising to $68,196 and Ethereum regaining the $2,000 level. The day before yesterday, the market cap lost $128 billion, but on Sunday, it recovered about $32 billion. Despite increased market volatility and more uncertainties, it is expected that clearer price discovery will occur once U.S. stocks and Bitcoin ETFs resume trading.
GateNews53m ago
Trump: Iran's Supreme Leader "Khamenei has died" - Tehran statement is thought-provoking; Bitcoin breaks $67,000, gold and silver rise
The United States and Israel jointly launched a large-scale airstrike operation against Iran codenamed "Operation Epic Fury." President Trump earlier claimed that Iran's Supreme Leader Khamenei had been assassinated, but the official Iranian statement is intriguing.
(Background recap: Trump's State of the Union Address - 16 Major Topics: Border Security and Immigration, Economy and Tariffs, Healthcare Reform, Iran Nuclear Program...)
(Additional context: Trump plans to completely block Anthropic! Refuses to modify Claude's "murder restrictions," and unexpectedly receives support from OpenAI.)
The United States and Israel launched a large-scale airstrike operation against Iran codenamed "Operation Epic Fury." The targets are to destroy Iran's nuclear facilities and missile programs, paralyze its navy, and most controversially: eliminate its leader.
Early this morning (1), two Israeli security officials...
動區BlockTempo3h ago
Iran's crypto "shadow economy" size reaches $7.78 billion, with the public turning to Bitcoin for risk hedging
According to a Chainalysis report, Iran's cryptocurrency ecosystem is expected to reach $7.78 billion by 2025, with a rapid growth rate. As cryptocurrency mining becomes legalized and the Iranian Revolutionary Guard becomes involved, addresses related to it will account for over 50% of total inflows. Meanwhile, the public is increasing Bitcoin withdrawals during protests and internet outages.
GateNews4h ago