Hong Kong’s licensing and regulatory framework for fiat-referenced stablecoins came into effect on 1 August 2025, regulating the issuance, offering and marketing of fiat-referenced stab...
On May 21, 2025, the Hong Kong Legislative Council passed the Stablecoins Ordinance, establishing a regulatory regime for the issuance, offering and marketing of stablecoins in Hong Kong....
On June 27, 2025, the Hong Kong Financial Services and Treasury Bureau and the Securities and Futures Commission jointly published two consultation papers on legislative proposals regulat...
Davis Polk partner Martin Rogers, counsel Bo Huang and Yuan Zheng and associates Lok Cheung and Caroline Wang authored “Asian private equity and international arbitration: Key current i...
Since 2023, the UK government has been engaging with the cryptoasset industry as part of its efforts to develop a regulatory regime for cryptoasset activities and services. In late April ...
The DOJ has published an enforcement policy and various guidance on its final rule restricting sensitive data transfers to countries of concern, including China.
The Trump administration’s policy memorandum on U.S.-China investment indicates continued tightening along the lines of existing initiatives, but not a revolutionary break.
Beginning in April 2025, the new rule will require many U.S. companies to adopt government-imposed cybersecurity standards before entering into, or prohibit altogether, a wide range of tr...
The proposed rule would limit U.S. persons from providing access to “bulk” U.S. sensitive personal data and government-related data to persons located in or connected to countries per...
On October 31, 2024, Hong Kong’s Securities and Futures Commission released its consultation conclusions on the proposed guidelines for market soundings. A final version of the guidelin...
