Hong Kong’s Financial Services and the Treasury Bureau reported on discussions of proposed virtual asset regulation and financial regulators’ progress in adopting artificial intelligence at the sixth meeting of the Coordination Group on Implementation of Fintech Initiatives. Secretary for Financial Services and the Treasury Christopher Hui chaired the meeting with representatives from financial regulators, the fintech sector and academia. The proposed regulatory regimes cover providers of virtual asset dealing, custody, advisory and management services. The Hong Kong Monetary Authority also provided updates on Project Ensemble and the banking sector’s preparedness for quantum technology, alongside the Commercial Data Interchange and Project CargoX. Hong Kong FinTech Week 2026 will take place from November 2 to 6 in conjunction with the StartmeupHK Festival, with its main conference on November 2 and 3. The bureau and Invest Hong Kong will use the event to showcase Hong Kong’s fintech ecosystem to global markets.
Hong Kong's Financial Services and the Treasury Bureau reviews proposed virtual asset regulation and fintech progress
Hong Kong’s Financial Services and the Treasury Bureau reviewed proposed regimes for virtual asset dealing, custody, advisory and management service providers at a fintech coordination meeting chaired by Secretary Christopher Hui. Regulators also presented progress on artificial intelligence adoption, while the Hong Kong Monetary Authority covered financial infrastructure initiatives and the banking sector’s quantum preparedness. Hong Kong FinTech Week 2026 will run from November 2 to 6.