Banks in Hong Kong may soon benefit from eased capital requirements on cryptocurrency holdings.
The city’s de facto central bank has unveiled a draft proposal that would allow certain crypto assets to qualify for a lower capital charge, provided they are backed by strong risk controls.
This initiative, part of a new module called CRP-1, is a direct push to attract more crypto business to the region and stands in sharp opposition to China’s outright ban.
The proposed rules are now open for consultation with the banking sector ahead of a planned 2026 implementation.
