The Financial Services and the Treasury Bureau (FSTB) and the Securities and Futures Commission (SFC) today (27th) launched a joint public consultation on the legislative proposals for establishing licensing regimes for digital asset (DA) dealing and custodian service providers. The public consultation will last for two months until August 29, 2025.

In this regard, the FSTB conducted a public consultation between February and April last year on the legislative proposals for establishing a licensing regime for DA over-the-counter service providers.

Based on the feedback received, the FSTB, in collaboration with the SFC, has revised the legislative proposals. By launching the public consultation today, the FSTB and the SFC seek to gather views from stakeholders on the framework and key elements of the revised legislative proposals.