The FSTB issued the Policy Statement on Development of Virtual Assets in Hong Kong

November 2022

On 31 October 2022, the Financial Services and the Treasury Bureau (“FSTB”) published a Policy Statement on Development of Virtual Assets (“VA”) in Hong Kong (the “Policy Statement”) setting out its vision, approach and future steps to facilitate a “sustainable and responsible” development of the VA sector in Hong Kong. We summarise some key takeaways for participants in the VA sector in Hong Kong to note.

This publication was jointly published by PwC Hong Kong and Tiang & Partners.

Tiang & Partners is an independent Hong Kong law firm that closely collaborates with the global PwC network.

For further discussions, please contact Gaven Cheong at Tiang & Partners, or PwC contacts listed below.