{"content":"Regulatory Boost 🌐 – HK to Relax Crypto Banking Rules by 2026 🚀 Hong Kong will enact new legislation to encourage banks to use digital assets, bolstering its cryptocurrency position. This plan follows a fresh wave of pro-crypto initiatives by the US, which wants to become the crypto capital. Since Hong Kong needs to remain competitive, its regulatory structure is changing to keep ahead. New bank crypto asset classification module The Hong Kong Monetary Authority (HKMA) has released a draft paper for public input outlining CRP-1, or “Crypto Asset Classification,” as part of its “Banking Regulatory Policy Manual.” This proposal clarifies bank capital requirements in accordance with Basel Committee on Banking Supervision norms, with full implementation expected by early 2026. Public chains, unlicensed blockchain technology, are the subject of the HKMA's structured crypto asset regulation. Related: GOP Crypto Bill Threatened Senator Faith, a partner at King & Wood Law Firm and professor at the University of Hong Kong School of Law, discussed delayed action in an exclusive conversation with Caixin. She said that the forthcoming regulatory advice would decrease capital requirements for banks working with crypto assets if issuers can show risk management. The draft paper emphasises global financial standards-compliant categorization methods to ensure Hong Kong's banking industry follows international standards. Proposals propose that public blockchain-based cryptocurrencies might benefit from decreased capital requirements, encouraging institutions to interact more with digital assets. New Digital Asset Laws Hong Kong's digital asset regulation differs from mainland China's caution. The area began licensing stablecoin issuers this year, requiring tight asset management and customer asset segregation. This regulatory framework builds on President Donald Trump's GENIUS Act to foster financial stability and digital asset innovation. #BNBBreaksATH #ETHReclaims4700 #MarketRebound #Write2Earn $BTC $ETH $BNB ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025092025/09/13/8638d51cd6284ffc989384e47a761062.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}