#HongKongPlansNewVAGuidelines Hong Kong is once again positioning itself as a global hub for digital assets, and the latest move — new Virtual Asset (VA) guidelines — signals a deeper commitment to building a structured, regulated crypto ecosystem. While crypto markets are often driven by hype cycles, regulatory clarity is what ultimately determines long-term sustainability, institutional participation, and investor confidence.
The proposed guidelines are expected to refine how Virtual Asset Service Providers (VASPs) operate, particularly around licensing, risk management, custody practices, a