Hong Kong’s Crypto Crackdown: Licensing Shenanigans Ahead!
The Financial Services and the Treasury Bureau, along with the Securities and Futures Commission (SFC), have finally concluded their consultation-a process as thrilling as watching paint dry, but with more acronyms. The paper, released on a Tuesday (because why not?), outlines rules for firms that dare to offer virtual asset investment advice or manage portfolios of those pesky digital coins. Apparently, this follows a previous paper launched on December 24, 2025, which we can only assume was a Christmas gift to policy wonks.



