Policy Event Β· High impact

Hong Kong VASP Regime Fully Effective

Full VASP licensing under AMLO becomes mandatory for all crypto exchanges.

High impactπŸ‡­πŸ‡° Hong KongLicensingExchangeBTCETHHashKeyOSL

APAC FINSTAB analysis

For APAC operators, this creates a high-impact signal around licensing, exchange in Hong Kong. Protocols/assets in scope: BTC, ETH. Named institutions or platforms: HashKey, OSL. Teams should monitor the original source, map the change to licensing, custody, disclosure, and market-access obligations, and update their jurisdiction playbooks before the next compliance review.

Compliance read-through: map this event to entity licensing, market-access, custody, disclosure, token listing, and operational-risk obligations before expanding or marketing in the affected jurisdiction.

View related Licensing tracker page β†’

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High impact🌐 Global🌐 KPEnforcementAMLExchangeXRPETHUSDTUSDCXAUTBNBAVAX