On 3 November 2025, the Hong Kong Securities and Futures Commission published two circulars on the licensing regime for virtual asset trading platforms. This client update identifies the ...
On 17 October 2025, the Hong Kong Court of First Instance discharged a proprietary injunction obtained ex parte against a Binance digital asset wallet allegedly containing cryptocurrencie...
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...
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.
The Treasury Department has released a final rule, effective January 2, 2025, that will impose extensive diligence requirements and, in some cases, prohibitions on U.S. investment in Chin...
The Biden administration released its proposed rule that would establish a regulatory framework for outbound investments in China, following its advanced notice of proposed rulemaking rel...
The SEC backpedaled on its proposed rules that would have expanded the scope of underwriter liability and included a new safe harbor under the Investment Company Act of 1940. But the fina...
The Biden administration has requested public comment on a proposed framework restricting outbound investment by U.S. persons in certain Chinese sectors.
