HK Public Consultation to Introduce Licencing Regime for VA OTC
08 February 2024

HK Public Consultation to Introduce Licencing Regime for VA OTC
The Hong Kong Government has launched a public consultation on legislative proposals to introduce a licensing regime for providers of over-the-counter (OTC) trading services of virtual assets (VA).
As fraud cases have shown the involvement of VA OTC operators, the need to regulate OTC services under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (Cap. 615) (AMLO).
Speak to us to request a demonstration
Plenitude’s Digital Assets Practice assembles a team that brings a deep knowledge of regulatory expectations, crypto business models and the associated risks, to help crypto firms navigate the regulatory landscape, the road to registration, and build and implement an effective risk management framework.
Find out more
News and insights



Industry News
14 March 2025