On 8 February 2024, the Financial Services and the Treasury Bureau of Hong Kong issued virtual assets (‘VA’)-related consultation paper to regulate over-the-counter trading of VA (‘Consultation’). This alert provides the context for this Consultation as well as the key practical takeaways for prospective VA OTC applicants.
This news alert was jointly published by PwC Hong Kong and Tiang & Partners.
Tiang & Partners is an independent Hong Kong law firm and a member of the PwC network.