#Hong Kong Digital Asset Policy 2.0 #

🇭🇰 Hong Kong Digital Asset Policy 2.0: Transition to a New Era

Hong Kong, in its "Digital Asset Policy Statement 2.0" published on June 26, 2025, reaffirmed its goal to be a global financial center in the fields of Web3 and digital assets.
The new policy, while continuing the first strategy launched in 2022, this time includes much more institutional, inclusive, and implementation-focused steps.

The policy is based on the LEAP strategy shaped around four main headings:

🧭 1. What is the LEAP Strategy?

LEAP summarizes Hong Kong's digital asset vision as follows:

• L - Legal Reform (Legal Reform):

Licensing processes are being consolidated under a single roof.
Clear rules are being established for trading platforms, custodial services, and digital asset issuers.
➡️ The licensing requirement for stable asset issuers will come into effect on August 1, 2025.

• E - Expansion of Tokenized Products (Expansion of Tokenized Products):

State-supported digital bonds, funds, and the tokenization of real assets such as (real estate, energy, and precious metals are being promoted.
➡️ Tax exemption is granted to token-based funds.

• A - Advancing Use Cases ): Expansion of Use Cases (

Payment infrastructures, supply chains, and capital markets are expanding Web3 applications.
➡️ Government-backed grants are available for innovative projects. For example, support of up to 500,000 HKD is available through Cyberport.

• P - People and Partnerships )Human Resources and Partnerships(:

Cooperation with international organizations such as the OECD and IOSCO is being increased.
➡️ Hong Kong aims to become a regional hub for education and innovation in digital assets and Web3.

📜 2. Legal Regulations and Stable Asset Regime

With the law approved in May 2025:
• Stable asset issuers will be regulated by the Hong Kong Monetary Authority )HKMA(.
• The obligation to maintain a 100% reserve and the protection of user rights are prioritized.
• The new system has been prepared to enhance financial stability and ensure the secure development of digital markets.

💼 3. Corporate Influences and Market Dynamics
• More than 40 financial institutions have transitioned to the new licensing system or completed their applications.
• In the last 6 months, the transaction volume in the field of digital asset tokenization increased 5 times and the total volume exceeded 30 billion HKD.
Tax incentives are being provided for investment funds and digital products, making the investment environment attractive.

🌏 Regional Competition: Singapore vs. Hong Kong

Hong Kong's clearer and more transparent regulatory policies are attracting the interest of many Web3 projects in the region.
➡️ Following Singapore's tightening regulations, some platforms are considering relocating their operations to Hong Kong.

🔮 5. Developments Expected by the End of 2025
• Listing of government-backed digital funds and bonds on exchanges
• New regulations for digital asset custody and OTC markets
• Launching Web3 education projects in collaboration with universities
• The introduction of more regulated digital products for international investors

🧩 Result

Hong Kong's Digital Asset Policy 2.0 symbolizes the transition from pilot stage to corporate scaling in financial technology.
It offers a multifaceted approach that focuses not only on the trading of digital assets but also on the digitization of real assets, legal regulations, and educational infrastructure.

With this policy, Hong Kong is taking strong steps towards becoming not only "friendly" but also a professional and scalable global hub for digital assets.

⚠️ Note: This content does not constitute any investment advice. It is for informational purposes only.