[Hong Kong to Fully Implement Basel Crypto Asset Bank Capital Rules Starting in 2026]
The Hong Kong Monetary Authority announced that starting from January 1, 2026, Hong Kong will fully implement new bank capital rules based on the Basel Committee on Banking Supervision's crypto asset regulatory standards. According to the Basel Committee's definition, crypto assets are private 'digital assets' that primarily rely on cryptography and distributed ledger technology or similar technologies, including Bitcoin, Ethereum, RWA, and stablecoins. These digital assets are defined as a form of digital value representation that can be used for payments, investments, or obtaining goods and services.
