ChainCatcher news, according to Caixin.com, the Hong Kong Monetary Authority has confirmed that new banking capital rules based on the Basel Committee on Banking Supervision’s crypto asset regulatory standards will be fully implemented in Hong Kong starting January 1, 2026.
The crypto assets defined by the Basel Committee are primarily private ‘digital assets’ that rely on cryptography and distributed ledger technology or similar technologies, while ‘digital assets’ are defined as a form of digital value representation that can be used for payment or investment purposes or to obtain goods or services. Not only Bitcoin, Ethereum, etc., fall under the Basel Committee’s definition of crypto assets, but also RWA, stablecoins, and others are included.
