Gate News message, April 23 — Hong Kong plans to introduce a crypto OTC compliance license by the end of 2026, according to Wu Jiezhuang, a member of the National Committee of the Chinese People’s Political Consultative Conference (CPPCC) and chairman of the Legislative Council’s Commerce and Technology Innovation Committee, speaking at the 2026 Hong Kong Institutional Digital Wealth Management Summit. The license will regulate custody and trading of cryptocurrencies.
Wu also announced that Hong Kong is working to enable stablecoin trading of tokenized RWA (Real-World Assets) on the secondary market. Currently, most tokenized RWA assets, such as government-issued green bonds, are limited to primary market investments. The initiative aims to expand access by allowing secondary market transactions in stablecoins.
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