Regulatory Alerts2024-02-20
Added · Updated
Sale and distribution of tokenised products
The Hong Kong Monetary Authority issued this circular on 20 February 2024 to regulate the sale and distribution of tokenised products by authorized institutions. The document establishes conduct and enforcement standards under the consumer protection framework to ensure appropriate market practices. It applies to all authorized institutions and is directly related to other circulars concerning custodial services for digital assets and customer data sharing.